Reuters Nov 20, 2023 Credit: Eni/file image Italy’s Eni has temporarily halted arbitration regarding an oilfield dispute with the Nigerian government, buying time to discuss a conversion of the license from prospecting to mining, sources with direct knowledge of the matter told Reuters. Eni confirmed the suspension of the arbitration regarding OPL … Read More “Eni Suspends World Bank Arbitration in Nigeria Offshore Oilfield Dispute” »
Ebun Feludu Interview with Ebun FeluduFOUNDER AND CEO, KOKARI COCONUTS & COMPANY Lives in: Nigeria Ebun Feludu is the founder of Kokari Coconuts & Company, a Nigerian agro-processing company which turns coconuts into a variety of food and personal care products. In this interview with Jeanette Clark, Feludu discusses: How she started the business from … Read More “Nigerian entrepreneur breaks into multi-billion dollar coconut industry” »
The Hub Karen unveils SHOP & WIN Christmas Promotion The Hub Karen unveils SHOP & WIN Christmas Promotion The Hub Karen (THK) has announced its annual Christmas promotion that will accord one lucky family of four a Trip to Dubai. Dubbed “SHOP & WIN,” the promotion will run from 25th November 2023 to 19th January 2024 and promises to … Read More “The Hub Karen unveils SHOP & WIN Christmas Promotion” »
Over the past five years, the entrepreneurial spirit powered by the digital economy has blossomed in China and fiercely ignited across Africa. The fusion of digital technology with entrepreneurship has unlocked opportunities for young Africans to tackle societal challenges in education, healthcare and the economy. – Lijun Sun, Partner at Alibaba Partnership and Board member of … Read More “Empowering the African entrepreneur: Key takeaways from ABH Summit 2023” »
Although it has seen marginal declines over the past few days, Ripple (XRP) has seen its trading volume near the $1 billion mark. Moreover, the interest that the asset has been attracting continues to make its eventual rally toward the $1 mark a greater reality. Currently, the asset is trading at $0.604, down 0.93% over … Read More “Ripple XRP Nearing $1B in Trading Volume With $1 Price Nearing” »
Camillus Eboh Nov 23, 2023 Credit:HJBC/AdobeStock Nigerian authorities are closely monitoring and working to contain an oil spill that occurred during loading operations at the TotalEnergies-operated Egina field on Nov. 15, the maritime agency said on Wednesday. The Nigerian Maritime Administration and Safety Agency (NIMASA) is collaborating with the spill detention agency and … Read More “Oil Spill at TotalEnergies’ Field Off Nigeria Under Control, Agency Says” »
Africa’s healthcare system trails other regions significantly. The continent, which constitutes almost 18% of the world’s population, contributes a mere 2% to global health expenditure. The continent also grapples with a scarcity of medical professionals, having just 2.9 doctors per 10,000 people. This shortfall is partly attributed to a ‘brain drain’ of medical talent. For … Read More “Investor sees opportunity in Africa’s healthcare deficit, from Nigeria to Egypt” »
KCB Group’s Net Profit Increases to KShs. 30.7 Billion KCB Group’s Net Profit Increases to KShs. 30.7 Billion as Total Assets Cross KShs. 2 Trillion Mark KCB Group PLC posted KShs. 30.7 billion in net profit for the nine months ending 30th September 2023, as its assets grew to KShs. 2.1 trillion. Profitability increased from … Read More “KCB Group’s Net Profit Increases to KShs. 30.7 Billion” »
Honoris United Universities, the first and largest pan- African network of private higher education institutions, is pleased to announce the latest addition to its group: The Animation School in South Africa. Renowned as one of the global leaders in animation training, The Animation School will join Honoris to cultivate the creative trailblazers of tomorrow in … Read More “The Animation School chooses Honoris United Universities for its pan-African expansion” »
The BRICS economic alliance has seen its plans to ditch the US dollar take a massive step forward. Indeed, reports have signaled that the bloc is set to make massive changes to its trade settlements. Specifically, the trio of Russia, China, and India are all set to settle trade without the greenback. Long has the … Read More “BRICS Plan to Ditch US Dollar Takes Step Forward” »
