Business

Afreximbank announces $1-billion African Film Fund   The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is working on the establishment of a $1-billion African Film Fund to be launched in 2024 to support the continent’s film industry, Kanayo Awani, Executive Vice President, Intra-African Trade Bank, at Afreximbank, announced in Cairo today. Addressing the opening of the 2023

IN THE FEDERAL HIGH COURT OF NIGERIA IN THE LAGOS JUDICIAL DIVISION HOLDEN AT LAGOS   IN THE MATTER OF AN APPLICATION FOR JUDICIAL REVIEW SUIT NO: FHC/L/CS/2334/2023 BETWEEN THE INCORPORATED TRUSTEES OF THE SOCIO-ECONOMIC APPLICANT RIGHTS AND ACCOUNTABILITY PROJECT [SERAP] AND 1. THE PRESIDENT FEDERAL REPUBLIC OF NIGERIA RESPONDENTS 2. ATTORNEY GENERAL OF THE

MARITIME: Cruise Ship Accidentally Discharges Wastewater at Port   By Our Correspondent On November 1, 2023, the Carnival Cruise Line ship “CARNIVAL MAGIC” appeared to experience an inadvertent discharge of wastewater from its exhaust gas cleaning system (EGCS) while docked at the harbor in the Turks and Caicos Islands, according to FleetMon. It stated; “This

NLC: Trades Union Congress Ghana writes Federal Government on brutalized Ajaero   By Eyo Nsima Trades Union Congress (Ghana) has urged the Federal Government of Nigeria to investigate and sanction those behind the ‘abduction and torture’ of Comrade Joseph Ajaero, the President of Nigeria Labour Congress, NLC, in Imo State, Nigeria. In a statement obtained

We don’t have plans to redenominate Naira — CBN   By Eyo Nsima The Central Bank of Nigeria, CBN, has disclosed that it does not have plans to redenominate the Naira. Reacting to several text messages in circulation that CBN planned to redenominate the currency from January, next year, the Director, Corporate Communications, Dr. Isa Abdulmumin,

Sahara Group advocates market-based regime to develop gas sector in Africa   Sahara Group, a leading international energy and infrastructure conglomerate, has urged African governments and regulators to adopt market-based regimes to stimulate the sustainable development of gas across the continent. The company noted that appropriate pricing of the commodity will enhance investment, increase production

SPACES FOR CHANGE URGES PROMPT ACTION AND COLLABORATION IN ENSURING SAFE RELOCATION OF RESIDENTS IN FLOOD-PRONE AREAS