SEATTLE (Oil Monster): Crude oil production from Nigeria increased the most last month among its peers in the 14-member Organisation of Petroleum Exporting Countries. OPEC, in its latest Monthly Oil Market Report for January, put Nigeria’s output at 1.797 million barrels per day for December, ...
Many South African companies have become multinationals; they have a strong foothold in the economies of Nigeria, Ghana, Botswana, Namibia, Kenya, and so on. Many South African companies even have operations in Asia and Europe. South Africa has some of the most powerful companies in the world!
Credits to flow to small businesses: one of the biggest constraints faced by small and medium sized companies in Nigeria is the lack of access to credit. However, new banking regulations aimed at weeding out weak institutions are creating a stronger financial sector, which in turn will enable ...
This is an avenue to package your farm products (either raw or processed) to the public, food companies or potential exporters. Food packaging at any exhibition increases profitability in business. Home Textile, Fashion & Beauty States across Nigeria have a long-standing tradition of cotton weaving...
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“The new project in Zimbabwe will be similar to those found in Nigeria, South Africa, United Arab Emirates, and South East Asia spanning banking, insurance, mining, agriculture and other sectors of the economy,” one document says. CBZ group marketing and corporate affairs executive Matilda Nyat...
However, opposition from within Nigeria, including from the trade union movement, and uncertainty over the future composition of the sector seems to have slowed down the process, which is being handled by the Bureau of Public Enterprises (BPE). PHCN is already in the process of being ...
In January, a robocall was sent to US voters in New Hampshire that claimed to be from President Joe Biden calling on them not to vote in the primary election. Last year, faked clips of politicians allegedly created using AI and then spread online were found in the UK, India, Nigeria, Su...
Yet these moves are tentative, and Nigeria has been on the cusp of big reforms before, only for the execution and implementation to fall flat. As SBM Intelligence, a Lagos-based consultancy, put it in a recent note, for many companies the uncertainty continues, and they “may make alternati...