At the Victoria Falls Mining Indaba, Bravura Holdings announces the completion of Zimbabwe’s first world-class lithium upgrade facility, enhancing beneficiation capabilities.
Business
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President Bola Tinubu launches the Lagos-Calabar Highway, aiming to transform connectivity and stimulate economic growth across multiple Nigerian states.
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Dangote’s new refinery starts, promising to end Nigeria’s need for petrol imports and setting a milestone for self-sufficiency in Africa’s energy sector.
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The Nigerian government is strategizing a tax relief initiative that could benefit up to 95% of enterprises. Spearheaded by the Tax Reforms Committee, this move aims to alleviate financial burdens …
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Nigeria has obtained a $2.25 billion loan from the World Bank featuring a 40-year term, 10-year moratorium, and a nominal 1% interest rate, providing significant economic support.
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Nigeria sees a sharp $19 billion drop in Foreign Direct Investments from 2014 to 2023, highlighting challenges and government strategies to stabilize the economy.
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NGX Group spearheads investment in Ethiopian Securities Exchange, fostering African growth and innovation. A strategic move into East Africa’s dynamic capital markets.
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The Nigerian government’s 240% increase in electricity tariffs sparks opposition from manufacturers and labour unions, highlighting concerns over economic impacts and inflation.
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The Central Bank of Nigeria escalates the capital base for banks, setting a N500bn target for international banks and N200bn for national banks to bolster financial stability.
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Nigeria launches an international manhunt for Binance’s African Executive, Nadeem Anjarwalla, after his escape from custody amid a probe into the platform’s operations.
