Outrage as Opay, Palmpay, others begin N50 deduction on transactions above N10,000
Nigerian fintech companies, including Opay, Moniepoint, and Palmpay, have commenced the deduction of the N50 Electronic Money Transfer Levy (EMTL)...
Year: 2024
Persistent fall in private borrowing brings global debt down
By Vitor Gaspar, Carlos Goncalves, and Marcos Poplawski-Ribeiro Global debt decreased about one percentage point to 237 percent GDP. The...
NiMet predicts 3-day dust haze, sunshine
Agency Report Nigerian Meteorological Agency (NiMet) has predicted sunshine and haziness from Monday to Wednesday across the country. NiMet’s weather...
Equity market gains N138bn
Transactions on the floor of Nigerian Exchange on Monday opened bullish, appreciating by N138 billion as gainers dominated the market....
Employment down as private sector battles inflation – Report
Agency Report Employment is down for the first time in seven months as Nigeria’s inflation rate hampered private sector growth...
The Fierce Urgency of African Energy Banks
By NJ Ayuk For more than a year, the African Energy Chamber (AEC) has been pushing back against steadily building...
NITDA, JICA launch iHatch Cohort 4, to support 185 startups, 37 innovation hubs
Omeiza Bilal The National Information Technology Development Agency (NITDA), in partnership with the Japan International Cooperation Agency (JICA), has announced...
TotalEnergies plans $750m offshore Nigeria gas project to boost LNG supply
TotalEnergies may greenlight a $750 million gas project in Nigeria next year, potentially signaling that the African nation’s efforts to...
MCB appoints Abiodun Azeez as its Chief Representative Officer in Nigeria
Benjamin Orisemeke MCB has appointed Abiodun Azeez as its new Representative Officer in Nigeria. With a wealth of experience in...
AfDB, partners to make Abidjan-Lagos corridor highway economic, industrial hub
Benjamin Orisemeke The Abidjan-Lagos corridor highway will link the cities of five major West African countries by 2030, and is...
