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Shell Assures Continued Investments in Nigeria in Hydrocarbon sector

(3 Minutes Read) Shell company said that it is determined to take the Final Investment Decision (FID) on some of the major projects in 2024,...

Tobacco Conference at Panama Concludes: WHO Flags Concerns to be Addressed

(3 Minutes Read)    There are five countries in Africa, which are growing tobacco.  Zimbabwe tops the list with a percentage share of 33.3%, followed...

Cadbury Nigeria Converts Loan Given by Parent Company into Equities

(3 Minutes Read) Shareholders of Cadbury Nigeria Plc have approved the conversion of an outstanding intercompany loan of USD 7.718 million (₦7.036 billion) owed to...

Master Card Acquires Stake in Nigeria’s MTN Technology Arm 

(3 Minutes Read)      The telecommunications firm said the transaction, which is non-categorized in terms of the Johannesburg Stock Exchange (JSE) listings requirements, was...

Foreign airlines bleed over naira depreciation

(3 Minutes Read) The International Air Transport Association (IATA), the Geneva-based trade association representing world airlines, has expressed fears that foreign airlines operating in Nigeria...

US Calls for Investigations into recent Massacre in Amhara region

(3 Minutes Read) The U.S. ambassador to Ethiopia, Ervin Massinga, said recently that the U.S. government was deeply concerned by the reports from the town...

Seychelles’ MERJ Exchange Going Global

(3 Minutes Read)  The securities exchange sector in Seychelles is planning to gain recognition on a global scale—Seychelles’ MERJ Exchange to apply for membership in...

Red Sea Shipping Disruptions: Impact on Global Trade

(3 Minutes Read) Houthi group has been using drones and rockets on ships, which are transporting goods through the strait of Bab al-Mandab, which is...

Meta to Come out with Technology to Distinguish AI-generated images and Real Ones

(3 Minutes read) Facebook and Instagram will start labeling AI-generated images that appear on their social media feeds. This is part of a broader tech...

Djibouti Scales Up Patrolling in Red Sea

(3 Minutes Read) Djibouti has intensified coast guard patrols along its strategic waterways as the Red Sea crisis unfolds. Djibouti has intensified its patrolling in the...

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