GLOBEALERT

Feed

Open sources, classified and cross-checked. 121+ stories.

BUSINESS3d agoinvestment | Uganda OnlineThis article discusses investment activities in Uganda. It is relevant for understanding economic developments in the region.ugandaonline.net · Uganda
BUSINESS3d agoSouth Africa Bhisho cargo hub plan hits licensing snag - ch - aviationA proposed cargo hub in Bhisho, South Africa, is facing a delay due to licensing issues. This snag could impact the development of key logistics infrastructure.ch-aviation.com · United States
BUSINESS3d agoBusiness : EAC countries recorded higher inflation rates in JEAC countries experienced increased inflation rates during the month of July, indicating economic shifts in the region. This matters because higher inflation affects purchasing power and economic stability.newvision.co.ug · Uganda
BUSINESS3d agoMoody upgrades Nigeria outlook to positive on stronger external buffersMoody's has upgraded Nigeria's outlook to 'positive,' citing stronger external buffers. This reflects an improved financial assessment for the country.premiumtimesng.com · Nigeria
BUSINESS3d agoMoody’s upgrades Nigeria’s outlook to “positive” on stronger external buffersIn a rating action published on Friday, the agency also alluded to Nigeria’s vibrant economic growth, backed by relative stability across macroeconomic indicators, among its key considerations for the upgrade. The post Moody’s upgrades Nigeria’s outlook to “positive” on stronger external buffers appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoNigeria : Domestic production gets boost as VP Shettima heads FG committeeNigeria's Vice President Shettima will lead a federal government committee aimed at boosting domestic production. This indicates a government initiative to stimulate the national economy.blueprint.ng · Nigeria
BUSINESS3d agoHow Nigeria lost Adidas, Puma sponsorship deals — Pinnick“I was utterly flabbergasted when I got the letter from Adidas. A few weeks or a few months into my being NFF president, they were leaving,” Pinnick said. The post How Nigeria lost Adidas, Puma sponsorship deals — Pinnick appeared first on Vanguard News.Vanguard Nigeria
BUSINESS3d agoPetrol price rises 9% to N1,310/litre despite falling crude oil prices – ReportDespite a five per cent drop in crude oil prices to $87.31 per barrel from $92, the domestic price of Premium Motor Spirit, PMS, also known as petrol, rose by nine per cent to N1,310 per litre from N1,205 per litre yesterday. The post Petrol price rises 9% to N1,310/litre despite falling crude oil prices – Report appeared first on Vanguard News.Vanguard Nigeria
BUSINESS3d agoThe subsidy trap : What Nigeria would be reversing , By Akeem BelloThis article discusses the "subsidy trap" and what Nigeria aims to reverse, according to an analysis by Akeem Bello. It addresses a significant economic policy challenge faced by the country.premiumtimesng.com · Nigeria
BUSINESS3d agoNigeria Remains Junk - Rated As Moody Turns PositiveNigeria retains its junk bond rating despite a positive outlook from Moody's. This indicates a mixed assessment of the country's economic stability and investment potential.naija247news.com · Nigeria
BUSINESS3d agoDAZN secures LaLiga rights for Sub-Saharan Africa, including NigeriaSports streaming platform DAZN has secured the rights to broadcast every LaLiga EA Sports match across Sub-Saharan Africa for the next three seasons, covering Nigeria and 47 other markets in the region. The post DAZN secures LaLiga rights for Sub-Saharan Africa, including Nigeria appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoNigeria’s solar expansion not captured in official data – ReportThe report noted that Africa’s solar expansion is happening faster than official statistics indicate, largely because the rapid growth of distributed solar is difficult to measure and record. The post Nigeria’s solar expansion not captured in official data – Report appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoMTN Nigeria’s independent director, Kola-Oyeneyin, to exit boardThe telecommunications giant noted that Mrs Kola-Oyeneyin’s exit will take effect from 31 August, although MTN did not state the reason for her exit in the regulatory filing. The post MTN Nigeria’s independent director, Kola-Oyeneyin, to exit board appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoAiyedatiwa cuts Ondo domestic debt by 82.6%, attracts $4bn investments— Creates 6,000 jobs, completes 200km roads in 18 months By Dayo Johnson, Akure AKURE — The Ondo State Government says it has reduced the state’s domestic debt by 82.6 per cent in the last 18 months, attracted investment proposals worth $4 billion and created more than 6,000 jobs. The government also said it had […] The post Aiyedatiwa cuts Ondo domestic debt by 82.6%, attracts $4bn investments appeared first on Vanguard News.Vanguard Nigeria
BUSINESS3d ago‘708.55GB gone’ — Nigerian lawyer threatens to sue MTN over rapid data lossA Nigerian lawyer, Zaenab Olawunmi Adams, has demanded an explanation from telecommunications giant MTN Nigeria over the alleged rapid depletion of her 800GB annual data plan. The post ‘708.55GB gone’ — Nigerian lawyer threatens to sue MTN over rapid data loss appeared first on Vanguard News.Vanguard Nigeria
BUSINESS3d agoNigeria seeks investment in oil and gas sector at China energy exhibitionNigerian delegation heading to China as part of the country's push for investment in its oil and gas sector. The post Nigeria seeks investment in oil and gas sector at China energy exhibition appeared first on Premium Times Nigeria.Premium Times
BUSINESS3d agoKano-Katsina rail project 80% complete — FGThe federal government has reaffirmed its determination to complete and commission the 284-kilometre Kano-Katsina railway project by December 2026, despite challenges earlier posed by insecurity, land disputes and the seasonal slowdown in construction activities. The post Kano-Katsina rail project 80% complete — FG appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoFG Deploys NASENI NSEP to Boost Livelihoods , Productivity Across Nigeria – THISDAYLIVEThe Nigerian Federal Government is deploying NASENI NSEP to enhance livelihoods and productivity across the country, indicating a national development initiative.thisdaylive.com · Nigeria
BUSINESS4d agoMultiChoice Talent Factory Marks Eight Years of Creative Industry Investment – THISDAYLIVEMultiChoice Talent Factory is celebrating eight years of investment in the creative industry. This highlights a company's long-term commitment to developing talent in the sector.thisdaylive.com · Nigeria
BUSINESS4d agoNigerian firm launches dual platforms to transform healthcare, transportation sectorsBy Olayinka Latona In a move to address two of Nigeria’s most pressing challenges, HoneyTreat Global Services Limited has unveiled groundbreaking digital platforms designed to revolutionise healthcare delivery and transportation safety across the nation. The official launch of QwikCare and Sur-DriveHT, held in Ikeja, Lagos, with the theme: ‘Beyond The Challenges, Technology leads The Way’, […] The post Nigerian firm launches dual platforms to transform healthcare, transportation sectors appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoNigeria can cut oil production costs with local chemicals — ExpertBy Udeme Akpan, Energy Editor A Nigerian chemical engineer, Godswill Chidiebere Agomuo, has called for increased local formulation and production of specialised oilfield chemicals, saying the move could reduce operating costs, promote technology transfer and strengthen Nigeria’s technical capacity in the oil and gas industry. At an estimated average of about $40 per barrel, Nigeria’s […] The post Nigeria can cut oil production costs with local chemicals — Expert appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoAfrica spends $90bn yearly servicing debt, pays $75bn risk premium — Kenya govt“Africa pays $90 billion a year in debt service. That is more than aid and climate finance combined,” Mr Sing’oei said. The post Africa spends $90bn yearly servicing debt, pays $75bn risk premium — Kenya govt appeared first on Premium Times Nigeria.Premium Times
BUSINESS4d agoNaira appreciates to N1,403/$ in parallel marketBy Elizabeth Adegbesan LAGOS — The naira appreciated to N1,403 per dollar in the parallel market on Friday from N1,407 on Thursday. However, the currency depreciated to N1,337 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data from the Central Bank of Nigeria (CBN) showed that the indicative exchange rate for the naira weakened […] The post Naira appreciates to N1,403/$ in parallel market appeared first on Vanguard News.Vanguard Nigeria
BUSINESS4d agoIntra-African trade: why the continent still trades so little with itselfL’Afrique échange davantage de produits transformés avec elle-même qu’avec le reste du monde, mais pas encore à une échelle suffisante. Un rapport de la Banque mondiale et de l’Agence française de développement identifie les « frictions » qui freinent l’industrialisation continentale.Jeune Afrique