ANALYSIS: Falana says Nigeria loses $9bn to gold smuggling annually — but is this true?
Nigeria’s wealth is often described in clichéd expressions like: “We are blessed with natural resources”. But that is the reality. According to the United Nations (UN), Africa is home to about 30 per cent of the world’s mineral reserves; and on the continent, Nigeria ranks second as the country with the most revenue from mineral
ICC Men’s Cricket World Cup to be unveiled by Museveni
Trophy tour The Uganda Cricket Association (UCA) announced that the International Cricket Council (ICC) Men’s World Cup Trophy will arrive in Uganda on Aug. 26 and be unveiled by President Yoweri Kaguta Museveni and his wife, Janet Kataaka Museveni, on Aug. 27. Dennis Musali, the Communication Manager of the Association, told Xinhua on Thursday that
Davido, Savage, Others Thrill At Giants Of Africa Closing Concert – Independent Newspaper Nigeria
Spotify partnered with Giants of Africa for the inaugural Giants of Africa Festival, in celebration of the non-profit’s 20-year anniversary. The week-long festival held in Kigali, Rwanda, brought together youth from 16 countries and used basketball as a tool to educate and empower African youths to dream big. Fans thronged the BK Arena on Saturday
Africa must increase investment in developing renewable energy to achieve SDGs: experts
Africa must increase investment in developing its renewable energy, and attract greater support of the private sector and international financial institutions, if it is to achieve the Sustainable Development Goals, experts meeting in Abidjan stressed Wednesday. The continent should also control, exploit and transform its enormous mineral resources locally in order to generate the financial
MTN and Saana Capital Collaborate for Cross-Africa MoMo Money Transfers
MoMo Payment Service Bank (PSB) has teamed up with Saana Capital, a cross-border company holding a license from the Central Bank of Nigeria (CBN), to facilitate bill payment services and frictionless inbound and outbound transfers across Africa. Inbound services encompass receiving funds, including those from online transactions, invoices, or subscriptions. Outbound services involve transferring funds
Northam Platinum pays first dividend after exiting race for RBPlat assets
Northam Platinum declared its first dividend payout after bolstering its cash position by selling a stake in Royal Bafokeng Platinum (RBPlat) to rival Impala Platinum. The Johannesburg-based platinum group metals producer said it would pay investors R600 cents a share, or R2.4 billion (US$129 million), and has also announced a share buyback program of up
FLASHBACK: 5 African women millionaires making economic impact on the continent
Wendy is the wealthiest woman in South Africa, as well as the Founder and … She is a Nigerian businesswoman with business interests in fashion, …
Akufo-Addo exploring feasibility of Ghana joining BRICS – MyJoyOnline
The traditional economic alliance of Brazil, Russia, India, China, and South Africa which accounts for over 40% of the world population says it is …
Isi Igenegba, Business Executive Raising Leaders, Equipping Women For Impact
Isi Igenegba is the co-founder of Strom Global Services Ltd., an ISO-certified indigenous oil and gas service company renowned for its exceptional upstream services, spanning manpower solutions, marine support, procurement strategies, flowline maintenance, and environmentally conscious clean-up services, with operations in Nigeria, Texas and Canada. As the Lead of People of Influence Network and the
Niger Coup: Top U.S diplomat to tour Nigeria, Ghana, Chad to discuss support for ECOWAS
The United States Secretary for Africa affairs Molly Phee will travel to Nigeria, Ghana and Chad- all countries in West Africa between the 25th and 29th of August 2023. According to a statement from the State Department, Ms Phee will engage with ECOWAS regional leaders over the political situation in Niger. The statement reads,