
Nigeria’s Imports Trapped Overseas Over Container Scarcity
The global container shortage is beginning to take its toll on imports into Nigeria as a large volume of imports...

Universal Music Shares Rocks High In Stock Market Debut
Shares of Universal Music, whose lineup features The Beatles and Taylor Swift, soared on the label’s stock market debut on...

Nigeria Electricity Tariff To Increase From January 2022
With plans to end the electricity subsidy from next year, Nigerians would have to pay more for the commodity under...

Nigeria President Approves Incorporation Of NNPC, And Appoints New Board Members
The President, Major General Muhammadu Buhari (retd.), has directed that the Nigerian National Petroleum CompanyLimited be incorporated. He also approved...

‘Nigeria dependent on cooking gas imports from U.S, Algeria, Equatorial Guinea’
Despite huge gas resources, currently hovering around 206 trillion standard cubic feet, smaller African countries like Algeria and Equatorial Guinea...

Chevron Brands International Partners With Tristar (AML) In A Lubricants License And Manufacturing Agreement In East Africa
Chevron Brands International LLC (Chevron) and AFAL Manufacturing Limited (AML) of the Tristar Group have signed a long-term license agreement...

Central Bank of Nigeria Set To Establish Nigerian International Financial Centre
Nigeria is to establish the Nigerian International Financial Centre (NIFC) modelled after New York, London and Singapore financial powerhouses, as...

Food Prices On The Rise Despite Decline In Inflation Rate
Despite the gradual decline in the inflation rate in the last four months, checks across major markets showed that prices...

East Africa Metals provided details of Q2 production from Magambazi mine, Tanzania
VANCOUVER, BC, Sept. 13, 2021 /CNW/ – East Africa Metals Inc. (TSXV: EAM) (“East Africa” or the “Company”) is pleased to announce that it...

Egypt-International Cooperation Forum (ICF) High-level Conference: African Development Bank Joins Calls For Stronger Development Partnerships To Spur Covid-19 Recovery Efforts
The African Development Bank joined leaders of government and international organizations in calling for stronger partnerships to support Africa’s recovery...