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Business

AfDB Plans $1bn Climate Adaptation Initiative For African Youths

Akinwumi Adesina, president of the African Development Bank (AfDB), says the organisation alongside the Global Center on Adaptation will launch a $1 billion climate...

Elumelu To Co-chair G2O Business Council on African Economic Integration

Tony Elumelu, the Chairman of Heirs Holdings, has been named co-chairperson of the Business 20 (B20) India Action Council on African economic integration, the...

FBN Holdings Shareholders Approve N150bn Rights Issue

Shareholders of First Bank of Nigeria Holdings (FBNH) have approved the appointment of Lagos businessman, Mr. Femi Otedola as a non-executive director of Nigeria’s...

NIA To Commence Insurance Cover For Nigerians On Transit

The Nigerian Insurers Association (NIA) has said it is planning an accident insurance cover for Nigerians on transit in partnership with the Federal Government. The...

MoneyCentral, ALTON, ACL 5G Technology Summit to Explore Digital Growth Opportunities

On July 12-13, 2023, Money Central Newspapers in conjunction with Association of Licensed Telecom Operators in Nigeria (ALTON) and African Consolidated Analytical Limited (ACL),...

PwC To Sell Business Over Tax Leak Scandal

PwC Australia says it will sell its government business for A$1 (50p) after a scandal over the misuse of confidential government tax plans. The accounting...

Japan To Produce Flying Cars

Japanese automaker Suzuki Motor Corp said on Tuesday it had reached an agreement with SkyDrive Inc to make “flying cars”. The companies will use a...

Binance, U.S In Deal To Keep Assets In Country

Binance, a cryptocurrency exchange company, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure that U.S. customer...

Buhari Signs 2023 Budget of N21.83trn into Law

President Muhammadu Buhari on Tuesday in Abuja signed the 2023 Budget of N21.83 trillion along with the 2022 Supplementary Appropriation Bill into law. Speaking at...

Tony Elumelu Discusses Economic Prosperity in Africa And Nigeria

In an interview on CNN’s One World with Zain Asher, Nigerian businessman and philanthropist Tony Elumelu discussed the road to economic prosperity for Africa...

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