Meta Quitting Nigeria Threatens 20 Million Businesses on Facebook and Instagram
“My shop practically lives on these platforms, especially Instagram,” Lagos-based baker Fatima Tunde said. “If it’s gone, I’m out of business.”
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World Bank’s Official in Trouble Over Nigeria’s Petroleum Import Licences Comment
The House of Representatives Committee on Petroleum Resources (Downstream) has called for the dismissal and arrest of the World Bank official responsible for the April 7, 2026 Nigeria Development Update, which recommended the reinstatement of petroleum import licences. The Committee Chairman, Hon. (Barr.) Ikenga Ugochinyere Ikeagwuonu,described the recommendation as a reckless move capable of undermining…
Morocco overtakes South Africa as continent’s industrialization leader – AfDB
This report is a roadmap as much as a diagnosis. It shows that 41 of our 54 countries are now moving in the right direction, but it also reminds us that industrialization at scale demands resilient infrastructure, value addition close to source, and finance mobilized on African terms…
Scrap And The Steel Industry
By Felipe Maciel, Manager, Environment and Climate Change Steel scrap is a vital part of the whole steel industry and its importance in reducing CO2 emissions, conserving resources, and driving the economics of the industry is only growing, but the difficulties in each of the stages of scrap processing pose challenges to steelmakers. The pressure on…
RIMA Sifts fake firms from getting Rivers-BoI N4bn Loans
The Rivers State Microfinance Agency, RIMA, an agency of the government in Port Harcourt, says that over 70 percent of businesses operating in the state are fake and are not eligible to receive loan facilities from the government’s and the Bank of Industry’s N4 billion counterparts funding. The Managing Director/Chief Executive Officer of RIMA, Pastor…
Chartered Institute of Stockbrokers Visit CBN
In Picture from left to right: Registrar & Chief Executive, Mr. Josiah Akerewusi;, 2nd Vice President, Mrs. Fiona Ahimie., President/Chairman of Council, Mr. Oluwole Adeosun, and Central Bank of Nigeria Governor, Mr. Olayemi Cardoso and 1st Vice President, Oluropo Dada. Source: CBN 25 April 2024
Airtel Money Shifts Listing On London Stock Exchange Till October
The company is hoping to raise about $800m (£601m) from the initial public offering (IPO) and is targeting a valuation of $8bn to $9bn, which would make it one of London’s largest listings in recent years.
HURIWA Demands Immediate overhaul of NAFDAC and SON Leadership
Photo: HURIWA National Coordinator, Emmanuel Onwubiko. The Human Rights Writers Association of Nigeria (HURIWA) is demanding for the immediate and sweeping action by the Federal Government, including a comprehensive overhaul of NAFDAC and SON. HURIWA alleged that the NAFDAC and SON have failed in their statutory responsibilities, allowing Nigeria’s markets to degenerate into a free-for-all…
ECCIMA Lauds Dangote’s Pan – African Investment Exploits
The President of Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), Nnanyelugo Onyemelukwe, praised the Dangote Group’s commitment to the growth of the domestic economy. He gave the commendation during the ongoing 37th Enugu International Trade Fair organised by the chamber . “it is obvious that Dangote Group has added a lot of value…
Building Liberia, One Bag of Cement at a Time
Cement from Fouta is now used in major infrastructure projects across the country, including roads, bridges, railways, and housing.