The African Continental Free Trade Area (AfCFTA) has begun to be instrumental between Nigeria and Kenya. Kenya received its first shipment from Nigeria under the African Continental Free Trade Area. The shipment included synthetic filaments made by Lucky Fibres Limited, a division of the Tolaram Group. The move is seen as an African triumph and…
Details
Dangote has clarified that the recent hike in the ex-depot price of Premium Motor Spirit (PMS) is a result of the significant rise in global crude oil prices. Dangote Refinery confirmed that it has absorbed about 50% of the cost increases resulting from fluctuations in the international oil market. Dangote clarifies that the increase in…
Details
The African Development Bank (AfDB) warns that if things don’t change soon, about 100 million young Africans could be jobless by 2030. Business Insider Africa presents 10 African countries with the highest unemployment rate. In 2024, the youth unemployment rate in Africa is projected at around 11 per cent, The list is courtesy of Statista.…
Details
Over the weekend, Nigeria officially became the ninth member of the BRICS group of nations as a partner country. Nigeria becomes the ninth member of the BRICS group of nations as a partner country. Nigeria aims to form strategic partnerships with other BRICS countries. Nigeria’s membership will focus on trade, investment, energy security, infrastructure development,…
Details
Despite the challenges posed by the harsh business terrain of 2024, several Nigerian companies have emerged as the most valuable firms in the country. Several Nigerian companies have emerged as the most valuable firms in the country These firms thrived due to innovation, strategic leadership, and a deep understanding of the Nigerian and African markets…
Details
Recent reports have indicated that the West African country of Togo could be joining the Alliance of the Sahel States (AES). Togo is considering joining the Alliance of the Sahel Region (AES). Togolese Minister of Foreign Affairs, Robert Dussey, expressed openness to the idea. Togo’s potential integration into the AES may lead to its withdrawal…
Details
