Equatorial Guinea launches One-Stop Shop For Investors
The Equatorial Guinea’s one-stop shop became a reality this week, allowing investors and corporations alike to set up a business in sub-Saharan Africa’s fourth largest oil producer in only…
AfDB Invests $32m in Climate Fund
The African Development Bank (AfDB) has apprived $32.5 million equity investment in Climate Investor One’s Construction Equity Fund (CEF). The amount was approved by the Board of Directors of AfDB…
Nigeria Earns $640.35m From Crude Export In Oct – NNPC
By Lukman Amusa The Nigerian National Petroleum Corporation (NNPC) says the country earned 640.35 million dollars from the export of crude oil and gas for the month of October, 2018.…
Issue N3.24tr Bonds In One Year Archives
Eniola Olayemi Federal and state governments borrowed N3.24 trillion in local and international bond issuances last year, it was learnt yesterday. According to Nigerian Stock Exchange (NSE) Chief…
Mines, Steel Generates N2.97 Billion In 2018 – Minister
By Lukman Amusa Alhaji Abubakar Bwari, the Minister of State, Mines and Steel Development, says the ministry generated the sum of N2.97 billion as revenue in 2018 . Bwari announced…
Air Peace to commence flight to PH Jan.18
Nigerian carrier, Air Peace, has announced plans to commence daily flights into the Nigerian Air Force (NAF) Base in Port Harcourt, Rivers, on Jan. 18. The Corporate Communications Manager of…
Zimbabwe Plans To Dump US Dollars
Zimbabwe will introduce a new currency in the next 12 months, the country’s Finance Minister said, as a shortage of U.S. dollars plunges the financial system into disarray, forcing businesses…
Mixed Feelings Trail Green Africa Airways’ Foray In Airline Biz
The aviation industry in Africa and by extension the entire world was regaled recently with news of a whooping deal to buy 100 Boeing 737 MAX 8 aircraft by…
Controversy Trails N8.5bn Earmarked For Suspended National Carrier
An aviation expert, Dr. Gabriel Olowo, has criticised , the federal government for earmarking N8.5billion for the suspended national carrier project, Nigeria Air in the 2019 budget proposal to the…
Naira Loses Marginally Against Dollar At Investors’ Window
It exchanged at N363.58, weaker than N363.54 traded on Tuesday. Investors settled for 228.8million dollars at the close of trading at the investors’ window. At the official Central Bank of…
