Nigerian energy provider, Eterna Plc, has this week announced the appointment of Benjamin Nwaezeigwe as the company’s new Managing Director/Chief Executive Officer. Effective 1st August 2022, Nwaezeigwe assumed the role he had been performing as Acting MD/CEO since 17th April 2022, on…
LeapFrog Investments, a sustainability-focused asset manager, has announced its ambitious plan to invest USD 500 million in companies addressing climate change in Asia and Africa. The commitment was unveiled at the Climate…
Nigeria’s average daily petrol consumption has experienced a remarkable 28% decline since President Bola Tinubu made the crucial decision to eliminate the popular yet financially burdensome fuel subsidy at the end of…
Food giant Nestle is taking significant steps to strengthen its sourcing of local raw materials in Nigeria and other African countries, aiming to mitigate foreign exchange exposure that has posed challenges to…
According to a recent study conducted by the Atlantic Council, digital currencies have garnered significant attention worldwide, with 130 countries, representing 98% of the global economy, currently exploring the development of their…
Nigeria’s economy faces a significant hurdle as annual inflation rose to 22.41% in May, up from 22.22% the previous month, according to the National Bureau of Statistics (NBS). The country’s largest contributors…
In a remarkable turn of events, Nigeria’s banking index witnessed an astounding surge of 23%, propelling it to a level not seen in over two decades. This surge took place on Wednesday…
