Microsoft closes down Nigeria’s Africa Development Centre
Microsoft Corporation has closed down the engineering division of its Africa Development Center in Nigeria, just…
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Nigeria
Nigeria imposes 0.5% cybersecurity levy on e-tranfers
Nigeria's central bank announced on Monday it will introduce a 0.5 per cent levy on all domestic electronic…
Nigeria secures $600m seaport infrastructure investment w/ Maersk
Nigeria secured a significant $600 million investment in its seaport infrastructure from Danish shipping giant A.P.…
Turkey, ExxonMobil pact to curb reliance on Russian energy
Turkey and US energy giant ExxonMobil are in talks to explore a significant deal aimed at purchasing liquefied…
Nigeria, Shell $3.8b methanol project advances
Nigeria has reached an agreement with Shell for the supply of gas to its proposed $3.8 billion Brass methanol…
Africa Energy Bank to start operating in ’24
The proposed Africa Energy Bank, focusing on oil and gas investments continent-wide, plans to commence operations…
SWIFT to unveil CBDC platform within 2 years
SWIFT, the global bank messaging network, is set to launch a platform within 1-2 years to integrate the emerging…
Nigeria food bank faces dwindling supplies as inflation skyrockets
The Lagos Food Bank, vital for residents, faces dwindling supplies as inflation skyrockets in Nigeria as President…
Africa’s biggest economies likely to hold interest rates
Central banks in Africa’s biggest economies are expected to diverge from their Latin American and European…
Nigeria faces environmental challenge post Shell
Shell’s impending exit from Nigeria’s onshore oil and gas operations, following a $2.4 billion deal with a mostly…
