Business a.m. Shuaibu Audu,the minister of steel development, has announced that the ministry is close to securing more than N35 billion in funding to restart the Ajaokuta Steel company’s Light Mill Section (LMS). Audu made this statement…
Business a.m. Google has unveiled new investments in digital infrastructure and security initiatives aimed at boosting digital connectivity, accelerating economic growth, and enhancing resilience across Africa. A key highlight of the…
Business a.m. Oil prices rebounded on Thursday, with Brent crude futures rising by 92 cents or 1.1 percent to $82.82 a barrel, while U.S. West Texas Intermediate crude (WTI) futures rose 97 cents or 1.3 percent to $78.54. This recovery…
Business a.m. The Nigerian Exchange (NGX) witnessed a decline on Wednesday as the benchmark index dropped by 0.16 percent to close at 98,128.00 points. The negative performance was primarily driven by sell pressure on GTCO (-3.55%),…
Joy Agwunobi The Nigerian Communications Commission (NCC) has recently held a two-day public inquiry focusing on three regulatory instruments, also known as subsidiary regulations. This move follows the NCC’s directive to suspend the…
Cynthia Ezekwe Transcorp Power Plc, an electricity generating subsidiary of Transnational Corporation Plc (Transcorp Group) has recorded an increase of N142.1 billion in its gross earning in the 2023 financial year, representing 57.3 per…
AIF originated MobiHealth under its ‘Women as Investment Champion’ initiative Afreximbank to part-finance $1.5m facility Business a.m. Reporter Africa Investment Forum (AIF) originated MobiHealth has signed a $1.5 million deal with…
Onome Amuge The Central Bank of Nigeria’s recent move to increase its benchmark interest rate, the Monetary Policy Rate (MPR), by 150 basis points to 26.25 percent from 24.75 percent has sparked controversy among business analysts. This…
Collaborations between impact entrepreneurs and corporates could help the latter meet their sustainability targets. Here’s how to make those partnerships more effective. Large corporations have a crucial role to play in ensuring that…
Business a.m. Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has been bestowed the Panafrican Champion award at the just concluded 2024 Africa CEO Forum in Kigali, Rwanda. The accolade…
Continent has world’s highest solar potential, but only 5-GW installed so far Panelists stress need for continent to leverage its solar potential to drive sustainable solutions Ben Eguzozie Africa requires not less than an annual…
Business a.m. The Central Bank of Nigeria (CBN) has announced a 150 basis points increase in the benchmark interest rate, raising it from 24.75 percent to 26.25 percent. The move marks the third rate hike by the Monetary Policy Committee …
Onome Amuge The United Bank of Africa (UBA) has pledged to set the benchmark for African businesses by forging a united Africa, as it continues on its march towards connecting its customers to the global community, with a primary focus on…
Silke Bollmohr and Harun WaruiSilke Bollmohr, Founder of EcoTrac Consulting, is Senior Policy Adviser for Global Food Policy and Agriculture at INKOTA netzwerk. Harun Warui is Project Lead of the Route to Food Initiative at the Heinrich…
Fundamental economic policy misalignment $ illiquidity hinders CBN’s ability to manage FX “It’s the economy, stupid” hits Nigerians PHILLIP ISAKPA IN LONDON, UK One year after the whirlwinds of Tinubunomics swept the Nigerian political and…
Even the cynics know that the benefits of the Lagos to Calabar coastal road would not be limited to the grandeur of the iconic bridge but will extend to the economic benefits which are greater than the costs. The coastal road, which is…
To the chagrin and utter bewilderment of practically all economic agents in the Nigerian polity, the national currency, the Naira, has ineluctably resumed its collapse against the US dollar and other hard currencies in the foreign exchange…
The contemporary global agribusiness focuses on green agriculture, which is the sustainable farming that provides the needed solutions for food security and sustainable maintenance of the global environmental issues. Acknowledging the fact…
LILIAN CHUDEY PRIDE Lilian Chudey Pride, “The Childless Woman’s Coach”, is author of “Life Beyond Motherhood”; “Dignity of Womanhood”, and the publisher of iwriteafrica.com, an online magazine. Her books can be found on amazon.com and she…
Ben Eguzozie OpenAI has recently introduced its latest model, Chat GPT-4o, which promises to revolutionise customer service and elevate the overall user experience. According to the innovators, the “o” in GPT-4o stands for “omni,”…
In the bustling ambiance of the 8th Coaching For Africa Symposium, I had the privilege of sitting down with Elona Ndlovu, a Chartered Coach certified by the African Board for Coaching Consulting and Psychology. Over tea, she shared an…
Monika Mejstrikova, director of ground operations, International Air Transport Association (IATA), said in a recently released report that: “Between 2007 and 2022 baggage mishandling reduced by nearly 60%. That is good news. But travellers…
Airline hails improved airport infrastructure Sade Williams/Business a.m. Festus Keyamo, minister of aviation and aerospace development, continued his push for foreign air ticket price parity with Nigeria’s neighbouring countries by…
MICHAEL IRENE, PhD Michael Irene, CIPM, CIPP(E) certification, is a data and information governance practitioner based in London, United Kingdom. He is also a Fellow of Higher Education Academy, UK, and can be reached via moshoke@yahoo.com…
TUNDE OYEDOYIN Tunde Oyedoyin is a London-based personal finance coach and founder of Money Intelligence Coaching Academy, a specialist academy of personal finance. He can be reached as follows: +447846089587 (WhatsApp only); E-mail:…
Pencilled down for Entebbe-Lagos flights It is challenging to make an airline work anywhere, and doubly so in Africa, a continent littered with innumerable dead airlines and others defying gravity by hanging on, writes JAMES PEARSON in…
ORUFUO EZAGA Orufuo Ezaga is the host of Sports Business with Orufuo Ezaga on Lagos Talks FM 91.3 and Plus TV Africa on DStv 408 and StarTimes 308. He tweets on X @Orufuo and can be reached on kennethezaga@gmail.com; +234 (0) 807 053 0677…
Cynthia Ezekwe A growth in its property and casualty business segment has helped to lift the operating profit of Allianz SE, the Munich-based insurance and asset management services provider, to €4 billion in the first quarter of 2024. The…
CHUKWUMA ONONIWU FCILRM (NG), FICRMP (U.K.), alumnus of Abia State University Lagos Business School, Pan Atlantic University, is a consummate insurance broker, insurance management consultant and digital insurance advocate. He is an i.g.i.…
IKEM OKUHU Ikem Okuhu, a journalist, author, PR professional, brand strategist and teacher, is the CEO of BRANDish, publishers of BRANDish, Nigeria’s first nationally circulating Brands and Marketing magazine. He has a career that has…