Indorama: Nigeria fertilizer firm gets $75 million AFDB loan
Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited (IEFCL) has secured an additional $75 loan from the African Development Bank (AfDB).
The Port Harcourt-based IEFCL is...
What CBN’s interest rate hike means for you
The Central Bank of Nigeria (CBN) on Tuesday announced a new interest rate in a bid to fight inflation and strengthen the Naira. Here's...
Interview: American entrepreneur seeks Nigerian fashion designers to work with
An American entrepreneur, Alexis Williams, is offering an opportunity for Nigerian fashion designers to work with her e-commerce business, saying a collaboration would “be...
Nigeria inflation crosses 30% mark — highest in 28 years
Consumer prices rose 31.7 percent in the year through February, an uptick in the inflation rate, above 29.9 percent the previous month. It is...
Reforestation project aims to restore 5 million hectares in Africa by 2030
Regreening Africa Initiative, a reforestation programme, says it plans to restore 5 million hectares of land by 2030 with additional investment across the continent.
The...