Obi Blasts Nigerian Government’s $1bn Lagos Port Upgrade
Nigeria's infrastructure investment remains excessively concentrated in Lagos, often at the expense of other strategic ports such as Warri, Port Harcourt, Calabar, and Onne
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Under the Theme of “Deploying a Resilient, Sovereign and Sustainable Infrastructure to Foster African Innovation”
The 10th edition of the ATDA 2021 kicks off at Mohammed VI Polytechnic University in Benguerir, Morocco More than 15 African countries will be represented by their institutions, including Ministers of the Digital Economy and the Post Office CASABLANCA, Morocco, 23 November 2021
West Africa’s circular economy efforts at the forefront of fostering a more sustainable future
By Titilayo Adewumi, Regional Sales Director: West Africa at SAP LAGOS, Nigeria, 23rd November, 2021 -/African Media Agency(AMA)/- Africa’s population is expected to triple by 2100, with a substantial percentage of that growth concentrated in West Africa. Nigeria alone will be home to
Dana Air Appoints Sukhjinder Mann As New Deputy CEO
Dana Air has appointed Mr. Sukhjinder Mann as the new deputy chief executive officer of the company, effective November 22, 2021. A statement released by the firm read that the new DCEO is expected to work with the team to bring a
Payguru and Iyzico Launch Direct Carrier Billing for Digital Wallets in Global First
TPAY MOBILE company Payguru partners with leading Turkish virtual POS provider to enable first-ever digital wallet top-ups via DCB LAGOS, Nigeria, 23 November 2021 -/African Media Agency(AMA)/- Payguru, a TPAY MOBILE FZ-LLC company, today announces the launch of a new use case for Direct Carrier Billing
Wike to FG: VAT Suit Will Strengthen Rule Of Law
Rivers State Governor, Nyesom Wike, has said the legal battle between the Rivers State Government and the Federal Inland Revenue Service over the Value Added Tax will strengthen the rule of law. Wike said the decision of the state government to seek
Capital Inflow Crashes By 80% As Foreign Investors Shun Nigerian Market
Capital inflow to Nigeria, according to the Central Bank of Nigeria (CBN’s) report, has crashed by 80 per cent in two years. Specifically, capital inflow to Nigeria fell from $17.1bn in July 2019 to $3.4bn in July 2021. The central bank reports
FairMoney MFB Disburses Over N71 Billion In Loans In 2021
Nigeria’s leading digital bank, FairMoney Microfinance Bank, held its investor’s conference recently at the Federal Palace Hotel, Lagos, Nigeria. The event brought together fund managers, HNI’s, investors, fintech aggregators and Pension Fund Administrators to discuss the financial technology landscape in Nigeria, particularly
Ikeja Electric Invests Over N200M On Safety Equipment In 12 Months
Ikeja Electric Plc (IE), Nigeria’s largest electricity Distribution Company, invested more than 200 million naira on safety equipment in the last one year. Similarly, the DisCo has cautioned members of the public to desist from erecting structures under power lines or carrying
JUST IN: Flour Mills Buys Honeywell For N80bn
A diversified Nigerian agribusiness company, Flour Mills of Nigeria (FMN) announced it had signed an agreement to acquire 71.69 per cent stake in Honeywell Group’s portfolio company, Honeywell Flour Mills Plc (HFMP), in a deal worth N80 billion. The FMN made this
CAC projects to take N24.5bn from registration fees, others
The Corporate Affairs Commission (CAC) has disclosed that it projects to rake in N24.5bn as internally generated revenue in the 2022 fiscal year. The figure was contained in its 2022 budget proposal document submitted to the National Assembly for approval. Primebusiness.africa observed
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