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The Board of Directors of the African Development Bank Group has approved an equity investment of $25 million in The Currency Exchange Fund (TCX), a global...
Central Bank of Nigeria (CBN) reduced interest rates on treasury bills across tenors at the primary market auction on Wednesday. The Apex Bank opened N290 billion...
TotalEnergies has signed four Production Sharing Contracts (PSC) for exploration blocks in Liberia. Awarded to the company following the conclusion of Liberia’s 2024 Direct Negotiation Licensing...
African petroleum regulators led by Nigeria have launched a continental forum aimed at harmonising oil regulation in a bid to attract crucial investment across the region’s...
Federal government said mining and quarrying companies issued licences since 2024 have December 31 as the deadline to conclude community development agreements (CDAs) with host communities. The Minister...
The Nigeria Customs Service, Onne, Area 11, Rivers, has warned against delayed clearance at the port, saying that consignees risk loss of their cargo. Aliyu Alkali,...
Dangote Petroleum Refinery has said that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) demanded an annual subsidy of N1.505 trillion to enable members...
Federal Government has launched an ambitious $3.14 billion agricultural investment plan in partnership with the Food and Agriculture Organization (FAO) Hand-in-Hand Initiative. This initiative aims at transforming...
Manufacturers Association of Nigeria (MAN) has praised the Federal Government’s suspension of the controversial 4% Free-on-Board (FOB) import charge, saying the move has spared the economy...
President Bola Tinubu on Wednesday lifted a six-month emergency rule in Rivers State, reinstating Governor Siminalayi Fubara and other officials, after saying that a constitutional crisis...
African Development Bank Group has said that it will host the Secretariat of the Africa Natural Capital Accounting Community of Practice, strengthening its leadership role in...
African economists and development leaders have called for sweeping governance reforms, stronger domestic resource mobilization, and innovative partnerships to accelerate economic transformation across the continent’s transition...
Executive Director, Operations of the Nigerian Maritime Administration and Safety Agency (NIMASA), Engr. Fatai Adeyemi has reassured that the agency was committed to a clean offshore...
Digitalizing trade documents can significantly reduce the carbon footprint of trade processes, according to a new study by the Global Alliance for Trade Facilitation. The study,...
African Research and Innovation Hub that was recently launched by African Export-Import Bank is seeking to unlock up to $70 billion annually in economic gains for...