German police arrest 11 in raid targeting Nigerian mafia
German police announced the arrest of 11 suspected Nigerian members of the notorious criminal syndicate known as the Black Axe. The arrests were made...
Nigeria plans franchises for community electricity
The Nigerian government says it is planning to allow power companies, known as DisCos, to sell rights to smaller firms in their operational areas...
Pluboard Interview: Tipsy Lady “open to Africa partnerships”
Tipsy Lady, a fast-growing brand in the ready-to-drink (RTD) spirits market, is setting its sights on further expansion, including going global with potential partnerships...
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...