Tag: Business News
Business Africa
CBN Raises Gold Holdings to $3.5 Billion, Strengthening Reserve Strategy
The Central Bank of Nigeria has increased its gold holdings to $3.5 billion, acquiring London Bullion Market Association (LBMA)‑standard gold as part of a strategic...
Business Africa
Tinubu Renews Appointment of Prof. Ayo Omotayo as NIPSS Director-General
Nigeria’s President Bola Ahmed Tinubu has approved the renewal of the appointment of Ayo Omotayo as Director-General of the National Institute for Policy and...
Business Africa
Nigeria Approves Alphanumeric Digital Postcode System to Modernize Addressing
Nigeria’s Federal Executive Council has approved the rollout of a GIS-enabled alphanumeric digital postcode system designed to modernize the country’s national addressing framework and...
Business Africa
Kenya Pipeline IPO Oversubscribed at 105.7 Percent, Finance Minister Says
The initial public offering of Kenya Pipeline Company was oversubscribed by 105.7 percent, reflecting strong investor demand for the state-owned energy infrastructure firm, Kenya’s...
Business Africa
South African Financiers Develop $122 Million Water Conservation Bond
Financial institutions in South Africa are structuring a 2 billion rand ($122 million) water conservation bond aimed at funding ecological restoration projects to protect...
Business Africa
Dangote Refinery Issues Tenders to Sell Gasoil and Jet Fuel
Nigeria’s Dangote Petroleum Refinery has issued tenders to sell cargoes of gasoil (diesel) and jet fuel for loading in March, a trade source said,...
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Africa
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In the narrative of Africa’s development, literacy remains a...