Tag Archive for: Nigeria

Business Insider Africa

Mayor’s Private Sector Conference

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https://www.youtube.com/watch?v=sYjwT8ErH3U
Business Insider Africa

Lack of cash crumbling business activities, livelihood in Nigeria

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Africa’s most populous country Nigeria has withdrawn 200-, 500- and 1000-naira notes from circulation following the redesign of the Nigerian currency. On 26 October 2022, Nigeria's Apex bank the central bank of Nigeria CBN announced the…
African Business

How Nigerian startups could do more for democracy

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With 18 days before the first round of the Nigerian elections, one thing’s for sure: technology will be integral to the process. Ballot boxes are being prepared to welcome the nearly 93 million eligible voters who registered using the…
Business Insider Africa

Nigeria push for new currency notes creates crisis

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Nigeria's push to replace the local currency notes with newly designed ones is creating an economic crisis, with the limited cash in circulation hurting many people and businesses across the West African nation. The Central Bank of Nigeria…
Business Insider Africa

Group Urges Nigerian Government to Adopt ‘Maputo Protocol’, Protect Women, Girls’ Rights for Development

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A non-profit organization (BAOBAB) for Women's Human Rights, has called for the protection and promotion of the rights of women and girls across Nigeria and Africa for rapid development on the continent. The group’s Director of Programmes,…
CNBC Africa

Top 5 economies in Sub-Saharan Africa to watch out for in 2023, according to IMF

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Just when Africa’s economy appeared to be recovering from the COVID-19 pandemic, a range of internal and external shocks struck such as adverse weather conditions, and the Russian invasion of Ukraine – all of which worsened already rapidly…
All Africa

Nigeria: Largest Container Vessel Berths at Lekki Port Ahead of Commissioning

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Ahead of the commissioning of the Lekki Deep Seaport by President Muhammadu Buhari the largest container vessel has berthed at the port. On the official Twitter handle of the Nigerian Ports Authority (NPA), the authority announced the arrival…
Business Insider Africa

Nigeria Restricts Cash Withdrawal to $44 a Week Per Individual

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Nigeria has officially restricted massive cash withdrawals from the bank beginning Monday the 9th January in an effort to cool off inflation. Nigerians will only be allowed to withdraw 44 dollars per week per individual and $11,000 for…
The Guardian

AfreximBank Earmarks $100 Million to Tackle Nigeria’s Export Challenges

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The African Export and Import Bank (Afreximbank), yesterday, announced plans to invest up to $100 million for the establishment of quality assurance centres in Nigeria. Already, the bank has deployed $11 million for the completion of the…

Nigeria is leading producer of yam but export less

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Yams are the fifth most widely harvested crop in Nigeria, and one of the most expensive to produce; the planting and harvesting processes require significant labor input, yam seeds are expensive, and the supply of seed is limited. “It…
Business Insider Africa

How Nigerians are Reacting to the New Naira Design After 2 Decades

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Last month, the governor of the Central Bank of Nigeria, Godwin Emefiele, announced that the Naira would be undergoing some design changes, and asked Nigerians to brace up for an overhaul. In his announcement, Emefiele noted that the…