PROVIDUS BANK LAUNCHES INNOVATION FOR SMES

Providus Bank has launched a new product named 'AmphiCard' in cooperation with Mastercard. The AmphiCard is the first of its kind in Africa, the...

NIGERIA’S REFINERY AT PORTHARCOURT NEARS COMPLETION    

The 53-year-old Port Harcourt Refinery is at 78% completion; Ibrahim Onoja, the Managing Director of the Refinery made this known recently. According to him,...

NIGERIA CAN LEAD LITHIUM-ION BATTERY MANUFACTURING – AfDB

According to the African Development Bank (AfDB), Nigeria has the potential to lead in lithium-ion battery manufacturing. The bank emphasized that this is possible...

AfDB SUPPORTS OVER 120 FINANCIAL INSTITUTIONS IN 30 AFRICAN COUNTRIES

The African Development Bank (AfDB) has revealed that it has supported at least 120 financial institutions with over $ 10 billion in 30 African...

NIGERIA TARGETS 31 MILLION METRIC TONNES OF GRAINS IN 2024 

Nigeria’s seed need for five significant crops has been pegged at 312,555.69 MT, which is expected to give not less than 31 million Mt...

ARCELORMITTAL SOUTH AFRICA LTD TO SHUT DOWN DUE TO DROP IN STEEL DEMAND

ArcelorMittal South Africa Ltd. is closing its steel production  business, and this will potentially result in the loss of up to 3,500 jobs in...

NGEP, CNG TO TAKE NIGERIA FROM OIL-BASED ECONOMY TO GAS-BASED ECONOMY, FG ANTICIPATE 5 BILLION CUBIC FEET OF GAS

The Nigerian Gas Expansion Program (NGEP) and the Compressed Natural Gas (CNG) initiative have been noted to have the capacity to take Nigeria from...

NIGERIA’S OIL OUTPUT SURGE SPARKS A SHOWDOWN WITH OPEC

Nigeria, Africa's most populous country and largest oil producer, is pushing for increased oil output despite a recent drop in crude prices. Brent crude...

RUSSIA STARTS FREE GRAIN SHIPMENT TO AFRICA

As part of President Vladimir Putin’s pledge to six African nations in July, Russia has started to deliver free grain to the continent. Dmitry...
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