Nigeria government has perfected ways to borrow funds from unclaimed dividends and dormant bank account balances unattended to for at least six years, despite the opposition…
Browsing: West Africa Business News
West Africa business news as they happen on News Central
Based on the two-dose requirement for each of the 164.8 million Nigerians, it means the country will need $6.43bn or N2.44tn (using CBN official exchange rate of N379/$1) to procure the vaccine for them.
Nigeria’s bilateral and multilateral debts stood at $31.98bn in September 2020, the Debt Management Office (DMO) showed in its latest report. According to the figures, the…
The Organisation of Petroleum Exporting Countries (OPEC) and the non-OPEC countries have agreed to increase crude oil production by 0.5 million barrels per day (mb/d) in…
According to the World Customs Organisation (WCO), inconsistent and obsolete laws and regulations, and resistance to change and lack of transparency in Customs administration operations in most African countries are major challenges to ensuring that the free trade takes off and continues uninterrupted in the operational phase starting this month.
The Nigerian Electricity Regulation Commission (NERC) has announced the approval of a new electricity tariff. The government, through the electricity regulation commission said the increased tariff,…
The Nigerian Stock Exchange (NSE) resumed trading in 2021 on a bullish trend with the All-Share Index surpassing the 41,000 mark, as investors continued to position…
Nneka Onyeali-Ikpe has formally assumed office as the 4th Managing Director and Chief Executive Officer at Fidelity Bank Plc. Onyeali-Ikpe is the first female to occupy…
Wilson Atumeyi, Founder of Water with Development (WaterWide), a non-profit organisation, has won the 2020 Africa Youth Awards. Atumeyi, who is Water, Sanitation and Hygiene (WASH)…
The United Kingdom and Ghana have moved closer to reaching a post-Brexit agreement, although, it will not meet the UK’s Brexit deadline. Ghana had hoped the…