Programme of Events for 8th AFRIMA In Dakar
As the highly anticipated 8th edition of the All-Africa Music Awards (AFRIMA) tagged ‘Teranga Edition’ draws nearer, the Ministry of Tourism in Senegal, as well as the African Union Commission, on Monday, at the Grande Theatre Doudou Ndiaye Coumba Rose,…
NCC boss, Danbatta earns NDLEA Ambassadorial Status
Barely one month after the Economic and Financial Crimes Commission (EFCC) named him an Ambassador, the National Drug Law Enforcement Agency (NDLEA), has given same status to the Executive Vice Chairman of the Nigerian Communications Commission, NCC, Professor Umar Danbatta…
(Analysis) CBN’s Withdrawal Limit Aims at Strengthening Cashless Policy
Time has come to truly educate many Nigerians on the critical importance of understanding the key issues in the new withdrawal limits before taking to criticism. It is about cash withdrawals. You can transfer billions if you like. You can…
Yang Lan Gives Insights on 2023 Banking, Fintech Outlooks
Leading financial analyst, Yang Lan is a co-founder of neobank Fiat24. In his recent end of the year review of future financial happenstances, he noted that “We’re so close to the end of 2022 and the collapse of FTX has…
235 NSDP Beneficiaries Depart For India, Greece to Deepen Capacity
The Nigerian Maritime Administration and Safety Agency NIMASA has sent forth 235 Nigerians to Indiaand Greece as batch B of the 435 young Nigerians to be trained as Licenced Deck and Engine Officers including Naval Architects under the Nigerian Seafarers…
Commonwealth Harps on Solidarity among nations Over multiple global challenges
The Commonwealth Secretary-General, the Rt Hon Patricia Scotland KC, addressed leaders from 79 countries in Africa, the Caribbean and the Pacific, as well as strategic partners, highlighting the importance of solidarity among nations in the face of multiple global challenges….
For African startups, M&A now a serious option to success—DAI Magister
The current fundraise environment encourages African founders to consider the tradeoff between further fundraising and the option of strategic exits via M&A. While African growth companies received a record $3.5 billion in the first half of 2021, more than double…
Afreximbank’s Facilitates NNPC acquisition of Chevron’s Assets
A $300 million, which is part of a $1 billion deal between Bestaf company and Afreximbank, facilitated acquisition of key oil production assets operated by oil major Chevron by the Nigerian National Petroleum Company Limited (NNPCL). Bestaf is a subsidiary…
Biggest sale of the year, Konga Yakata, ends today, Dec. 12
Having kicked since November 11, in the last few hours, shoppers have commenced unprecedented rush for last-minute deals as the 2022 edition of Konga Yakata ends today, Monday, December 12, 2022. Konga Yakata, the Black Friday sale of Nigeria’s leading…
Nigeria’s Oil output jumps to 1.18mbpd amidst fight against oil thieves
Following the recent hike in the war against oil thieves within the Nigerian waters, the nation’s crude oil production rose to 1.185 million barrels per day in November 2022, representing the highest output by the country in the past seven…
