CBN begins clearing forex contracts, easing naira pressure
The Central Bank of Nigeria (CBN) has cleared matured forward foreign-exchange contracts with an unspecified number of banks in the country, a move that...
Internet firm Tizeti gets Chapel Hill Denham loan to expand to Abuja, others
Internet company Tizeti says it has obtained an undisclosed long-term financing from Chapel Hill Denham to finance its planned rollout across 15 Nigerian states.
The...
Nigerian businesses under burden of over 60 taxes, govt says
The Nigerian government says the country seeks to cut the number of taxes at the federal, state and local government levels from about 62...
Gates Foundation investing $40m for mRNA vaccines in Africa
The Gates Foundation announced Monday it will invest $40 million in several African drug companies to produce and provide access to mRNA vaccines on...
WHO approves second malaria vaccine R21
The World Health Organization (WHO) has recommended a new vaccine, R21/Matrix-M, for the prevention of malaria in children.
It is the second malaria vaccine approved...