South African company leads charge to address Africa’s $40bn water deficit
Online EditorMarch 8, 2021
…Tasks AfCFTA, African governments on structural developments Onome Amuge The United Nations warns that the world is at a risk of 40 per cent shortfall in water supply by 2030, with the African continent which already suffers from greater levels of water related problems compared to other regions likely to bear the brunt. The economic […]
AfDB rolls out AFAWA Guarantee for Growth programme targeting women
Online EditorMarch 8, 2021
* introduces first beneficiaries Wale Ameen The African Development Bank in collaboration with the African Guarantee Fund has announced the rollout of the Affirmative Finance Action for Women in Africa (AFAWA) in celebration of this year’s International Women’s Day with a showcase of the first beneficiaries of the programme. The AFFAWA Guarantee for […]
Solid mineral investors seek government intervention to curb illegal mining activities
Online EditorMarch 8, 2021
Onome Amuge Investors and registered miners in solid minerals have expressed their displeasure over the emergence and continual disruptive activities of illegal miners in Edo State, particularly in Dagbala, Akoko-Edo local government area, a community noted for its abundant gold deposit among other solid minerals. Calling on the Federal Ministry of Mines and Steel Development […]
Covid-19 pressure holds Nigeria remittance inflows by jugular
Charles AbuedeMarch 8, 2021
By Charles Abuede Remittances remain significantly below 10-year historical average of $5.3bn Experts anticipate CBN sustains policy stance in 2021 to attract portfolio inflows It is no longer news that the negative impact of the global health crisis has given several economies no further options on what routes to follow in the drive […]
Okonjo-Iweala, Aisha Yesufu, Amina Mohammed, Ezekwesili lead pack of top 100 Nigeria women leaders
Goddey OdinMarch 6, 2021
…Biographical compendium profiles phenomenal Nigerian women ahead IWD Ben Eguzozie, in Port Harcourt Ngozi Okonjo-Iweala, who just resumed as director-general of the World Trade Organization (WTO) and former minister of finance in Nigeria, Nigeria’s leading social crusader, Aisha Yesufu, the deputy secretary general of the United Nations, Amina Mohammed, and the former minister […]
Kwik Delivery, Nigeria’s B2B delivery platform, expands service to 4-wheels vehicles
Goddey OdinMarch 6, 2021
…Becomes first full-stack last-mile delivery platform in Nigeria …Service currently covers Lagos, Abuja …Using app, customers request delivery vehicle track shipment in real time Ben Eguzozie, in Port Harcourt Kwik Delivery, Nigeria’s business-to-business (B2B) delivery platform, has announced it is expanding its app-based breakthrough delivery service to 4-wheels delivery vehicles. This includes vehicles […]
NLNG’s $7bn Train 7 faces headwinds over alleged non-compliance with Bonny Kingdom, core host’s local content
Goddey OdinMarch 5, 2021
…BKLCCC accuses gas company of neglect of its contractors …But NLNG says it considers core host as trusted partner Ben Eguzozie, in Port Harcourt Nigeria’s foremost gas liquefaction company’s (NLNG) incoming $7 billion Train 7, which is the country’s boldest effort in gas business in nearly a decade, faces headwinds over alleged non-compliance […]
Jack Dorsey’s Square set to take over Jay-Z’s music streaming platform Tidal in $297 million deal
Goddey OdinMarch 4, 2021
Wale Ameen Twitter CEO, Jack Dorsey is set to take over rapper Jay-Z’s music streaming platform Tidal via Square, his payment platform in a landmark takeover deal. According to details of the deal, Square is set to pay $297 million in stock and cash for a majority stake in the music streaming app while […]
Nigeria bourse down 0.59% as investors lose N122.4bn on sell-offs in Nestle, Wapco, Flour Mills
Goddey OdinMarch 2, 2021
Charles Abuede Equities investors lost N122.4 billion in the secondary capital market on Tuesday following sell-offs in Nestle Plc (-6.9%), Wapco Plc (-7.1%) and Flour Mills Plc (-6.4%) and subpar levels of investor sentiments. As a result, the benchmark index fell 0.59 per cent to 39,697.62 points as the market year to date return […]
PHOTO NEWS: Nigeria receives first consignment of COVID-19 vaccine
Goddey OdinMarch 2, 2021
By Wale Ameen Nigeria this Tuesday, received its first consignment of the Oxford/AstraZeneca COVID-19 vaccine, thus making it the third West African country after Ghana and Ivory Coast to do so. The Covid-19 vaccine consignment with a total of 3.9 million doses was received at the Nnamdi Azikiwe International Airport Abuja by the Federal […]