North Africa is loosening constraints on private sector growth, says the AfDB
In ‘Taking the Pulse of North Africa’, a review of North African economies, released on November 23, 2015, the African…
Nigeria’s automotive policy attracts N25.6bn investment
July 2014 Nigeria’s federal government introduced a new automotive policy to encourage the local production of vehicles, which has recorded…
CBN demonstrates compassion, extends BVN exercise for armed forces
Following an appeal from the Minister of Defence, Dan Ali Mohammed that the Central Bank of Nigeria (CBN) should prolong…
AFC gets two new member countries in East Africa
The Africa Finance Corporation (AFC) is a multilateral finance institution, with a capital base of US$1 billion. The AFC was…
MTN sack Nigeria CEO as NCC reduce fine to $3.4b
Embattled communications giant MTN has fired its CEO in Nigeria Michael Ikpoki and head of regulatory and corporate affairs, Akinwale Goodluck. “This revised…
NCC reduces MTN fine
THE Nigerian Communications Commission (NCC) has agreed to reduce MTN’s fine to $3.4bn, payable no later than December 31. MTN…
Amaechi orders probe of Maritime Academy over N18bn funds
The Minister of Transportation, Chibuike Amaechi last week ordered the immediate audit of the accounts of the Maritime Academy of…
Apple selects app to locate car from VRDCI web agency
VRDCI web agency, a tech company based in France said its Tuture app for iPhone which helps people to find…
Customs destroys N11.5m worth of frozen products in Benin
The Nigerian Customs Service (NCS), Federal Operation Unit, Zone C, said it has destroyed 1,365 cartons of imported frozen products…
EFCC files criminal charges against ex-NIMASA boss
The Economic and Financial Crimes Commission (EFCC) is set to commence the prosecution of the former Director-General, Nigerian Maritime Administration…