Business
Nigeria Targets $1bn IT Demand to Boost Cloud Investment
Nigeria is targeting about $1 billion in annual public-sector information technology demand as the Federal Government seeks to encourage greater investment in local cloud…
Business
Business
FG Threatens Licence Revocation Over Gas Flaring
Nigeria’s Federal Government is tightening its response to persistent gas flaring, warning investors that failure to develop awarded flare-gas projects could lead to the…
Business
Small Maize Mill Creates Opportunity for New Entrepreneurs
Starting a maize processing business may no longer require a large industrial facility or significant investment in heavy machinery. For aspiring entrepreneurs looking to…
Business
Dangote Plans 1,000MW Power Plant to Support Lamu Refinery
Dangote Industries is considering a major expansion of the energy infrastructure attached to its proposed refinery in Lamu, Kenya, with plans for a 1,000-megawatt…
Business
Gas Truck Collision Triggers Emergency Shutdown on Kwara Highway
ILORIN, NIGERIA — A multiple-vehicle collision involving a pickup truck loaded with 50kg cooking gas cylinders has triggered an emergency shutdown on Ibrahim Taiwo…
Business
Keystone Bank Offers Financing, Savings Options to Ease Back-to-School Costs
As families across Nigeria prepare for another academic session, Keystone Bank has introduced financing and savings options aimed at helping parents and guardians manage…
Business
Tinubu Challenges Banks to Turn Fresh Capital Into Jobs and Growth
President Bola Tinubu has called on Nigerian banks to ensure that the capital raised through the ongoing recapitalisation exercise translates into more jobs, increased…
Business
Aristocrat Clothing Targets Lagos With Luxury Fashion Reset
Nigeria’s luxury fashion space could be set for a fresh direction as Aristocrat Clothing prepares to open its flagship store in Lagos, with the…
Business
China Has an Agricultural Bank. What About Africa?
Agriculture is one of Africa’s biggest economic opportunities, yet one of its most persistent financing problems remains remarkably difficult to solve: where is the…
Business
Oil Returns to $100 as Supply Fears Shake Global Markets
Oil prices have crossed the psychologically important $100 per barrel threshold for the first time since July, reigniting concerns over energy costs, inflation and…
