Category: Business News
Business News
‘‘Unstoppable Africa” concludes with key announcements and commitments to drive growth in Africa
The initiative is poised to continue its momentum toward a future where Africa leads on the global stage.
Africa Finance Corporation, Itana partner to establish Africa’s first digital economic zone in Nigeria
The Itana Digital Economic Zone in Lagos, Nigeria is intended as an online jurisdiction and to serve as a gateway to build a global business in Nigeria
14 students benefit from Egbin Power’s 9th Scholarship Awards
I am truly grateful to Egbin Power for believing in me and giving me this opportunity.
Moody’s affirms AFC’s A3 Rating with a change from Negative to Stable Outlook
The change in outlook to stable from negative is driven by our expectation that AFC will be able to maintain astable.
US, European Union to back Nigeria’s plan to combat flooding
The EU donation is part of its release of €5.4 million in humanitarian aid to address flooding in Nigeria and five other countries.
Oando @ 30: The rise and rise of an indigenous Nigerian oil company
Oando Plc has rolled out drums to celebrate 30 years of existence with a track record of outstanding services in the oil industry.
Abuja Disco to pay N1.69bn fine for overbilling electricity consumers -NERC
The fine, amounting to N1.69 billion, is the result of AEDC’s non-compliance with NERC’s previous order on capping estimated billing for electricity consumers.
AFC leads Nigeria’s inaugural domestic dollar bond, raises US$900m
It marks the first issuance under the FGN’s Domestic US Dollar Bond Programme.
Petrol price hike’ll heighten energy poverty, transfer N5trn from Nigerians to govt, says Rewane
Rewane also predicted that the new price of petrol would increase the number of Nigerian citizens trapped in energy poverty to 168 million in 2025, from 161 million in 2023.
Global Africa Business Initiative announces line up for 2024 flagship event “Unstoppable Africa: The Solution for a Global Future”
Unstoppable Africa will be hosted by Folly Bah Thibault from Aljazeera English and Larry Madowo from CNN and is supported by African Union, Afreximbank, BUA, Flour Mills Nigeria, Google, Rockefeller Foundation, Safaricom, and Summa Group, among others.