FX SPOT MARKET RECORDS HUGE TURNOVER FOR OCTOBER

Spot FX market turnover was $4.66 billion (N3.66 trillion) in October 2023, a 14.96% ($0.82 billion) decline from the turnover recorded in September 2023...

NIGERIA AND INFRACORP SIGNS 1 GIGAWATT SOLAR PV PLANT MOU

Nigeria and InfraCorp has signed 1 gigawatt solar PV Memorandum of Understanding (MoU). The CEO of InfraCorp, Angbazo, revealed this agreement has the potential...

USA TO FUND MINING PROJECTS IN NIGERIA

Dele Alake, Minister of Solid Minerals Development, stated that the federal government is in advanced talks with the United States government about financing mining...

BOLT HONOURS THE TOP TEN INNOVATIVE IDEAS IN NIGERIA WITH €25,000 SEED FUND AND SIX-WEEK MENTORSHIP PROGRAM

Bolt has honoured Nigeria's driver community's top ten innovative ideas with a €25,000 seed fund and other benefits. The initiative was designed to empower...

NICKY OPPENHEIMER’S WEALTH INCREASES BY $1.3 BILLION YTD

South Africa's second-richest individual, 91-year-old Nicky Oppenheimer, has witnessed a remarkable $1.3 billion increase in his net worth this year (Year to Date), soaring...

BOLT KENYA TAKES SWIFT ACTION IN ENSURING SAFETY, EXPELS 5,000 DRIVERS IN SIX MONTHS

Estonian ride-hailing giant Bolt expelled more than 5,000 drivers in Kenya. The decision, prompted by a directive from the National Transport and Safety Authority...

N3.06TN WORTH OF PHARMACEUTICAL PRODUCTS IMPORTED INTO NIGERIA IN 6 YEARS

According to a report by the Raw Materials Research and Development Council (RMRDC), a Federal Government organization responsible for the growth, promotion, and utilization...

NIGERIA TO COMMENCE 36 SPECIAL AGRO-INDUSTRIAL PROCESSING ZONES, TARGETS 18.1 MILLION JOBS

The Federal Government of Nigeria is set to commence 36 special Agro-industrial Processing zones across the nation, with $ 1.5 billion in funds from...

NIGERIA’S GOVERNMENT AND PRIVATE SECTOR TO PARTNER ON AI

The Federal Government of Nigeria is seeking private sector support to develop an Artificial Intelligence (AI) fund that will boost the country's technological potential....

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