Business

$80,000 grant funding awarded to Eight Clean-Energy Start-ups from 2022 NCIC/All On Incubation Program

All On,through its venture-building platform the All On Hub, in partnership with the Nigeria Climate Innovation Centre (NCIC) is pleased to announce the winners of the 2022 edition of the annual incubation program for early-stage renewable energy entrepreneurs.They are: Retile, Let It Cold, Energy Assured, Nutrideen Agriculture Concepts, Danwawo Group, Swift Tranzact, SolarisGreentech Hub and […]

$80,000 grant funding awarded to Eight Clean-Energy Start-ups from 2022 NCIC/All On Incubation Program Read More »

Currency Depreciations Risk Intensifying Global Food, Energy Crisis

By Eyo Nsima The shrinking value of the currencies of most developing economies is driving up food and fuel prices in ways that could deepen the food and energy crises that many of them already face, according to the World Bank’s latest Commodity Markets Outlook report. In U.S. dollar terms, the prices of most commodities

Currency Depreciations Risk Intensifying Global Food, Energy Crisis Read More »

AVCA hosts inaugural Sustainable Investing in Africa Summit in London

 “We need to move from billions to trillions, and integrate net-zero commitments with this mission” The African Private Equity and Venture Capital Association’s (AVCA) inaugural Sustainable Investing in Africa Summit opened in London yesterday, convening over 150 key private equity and venture capital stakeholders from around the globe. The event championed the industry’s growth and

AVCA hosts inaugural Sustainable Investing in Africa Summit in London Read More »

MicCom COO visits foremost world class cable testing company in Dubai

  The Chief Operating Officer (COO) of MicCom Cables and Wires Limited, Bukola Adubi, earlier in October paid a visit to the Dubai labaoratory of British Approvals Service for Cables (BASEC), a global leader in product testing and certification services for power, energy, data/signal cables and ancillary products whose head office is in the UK.

MicCom COO visits foremost world class cable testing company in Dubai Read More »

Nigerians lost about N12.5bn to financial crimes linked to the telecommunications industry in 4 years --- NCC

FG Directs Network Service Providers to Reverse Unilateral Upward Tariff Adjustment

FG Directs Network Service Providers to Reverse Unilateral Upward Tariff Adjustment The attention of the Nigerian Communications Commission (NCC) has been drawn to media reports of unilateral implementation of the recently approved 10 per cent upward tariff adjustments for some voice and data services by the service providers, on their networks. The consideration for 10

FG Directs Network Service Providers to Reverse Unilateral Upward Tariff Adjustment Read More »

Majority of businesses in emerging economies impacted by extreme weather event in last 12 months

The accelerating pace of the climate emergency has been underlined by a new report that revealed that over half of companies in emerging economies have been impacted by extreme weather events over the last 12 months.    The 2022 Emerging Economies Climate Report published today by British International Investment, the UK’s development finance institution, showed

Majority of businesses in emerging economies impacted by extreme weather event in last 12 months Read More »

2022 H1 results show Africa’s Venture Capital and Private Capital ecosystem on track for another record-breaking year

The African Private Equity and Venture Capital Association (AVCA) announced the release of its flagship reports, the 2022 H1 Annual African Private Capital and Venture Capital Activity reports. The reports present an overview of the venture ecosystem, private capital fundraising, dealmaking, and exits in Africa in the first half of 2022, and set out projections

2022 H1 results show Africa’s Venture Capital and Private Capital ecosystem on track for another record-breaking year Read More »

Russian ro-ro ship catches fire at Hakata in Japan

Russian invasion of Ukraine impedes post-pandemic economic recovery in emerging Europe and Central Asia

The ongoing war in Ukraine has dimmed prospects of a post-pandemic economic recovery for emerging and developing economies in the Europe and Central Asia region, says the World Bank’s Economic Update for the region, released today. Economic activity will remain deeply depressed through next year, with minimal growth of 0.3% expected in 2023, as energy

Russian invasion of Ukraine impedes post-pandemic economic recovery in emerging Europe and Central Asia Read More »

Petroleum Industry Act marks a significant milestone in the administration of Nigeria’s oil and gas industry --- LCCI

THE NIGERIAN ECONOMY AT 62: THE NEED FOR BIG DECISIONS

In the last 62 years, the Nigerian economy has performed along the line of what policy mix used to drive the economy. Our economy has significantly transformed from a largely independent agrarian economy to a net importer of finished goods. The economy is now financed mainly by oil revenue, which has exposed the economy to

THE NIGERIAN ECONOMY AT 62: THE NEED FOR BIG DECISIONS Read More »

In 2021 economic outlook report, we posit that the annual real GDP growth rate would range between -2% and 1%

CENTRE FOR THE PROMOTION OF PRIVATE ENTERPRISE [CPPE]

CPPE COMMENTS ON NIGERIAN ECONOMY AT 62 Over the past six decades the Nigerian economy has transformed from a basically agrarian economy to an economy driven largely by services and oil and gas. While the agricultural sector contributed an estimated sixty percent (60%) to the country’s GDP in the sixties, its contribution has reduced to

CENTRE FOR THE PROMOTION OF PRIVATE ENTERPRISE [CPPE] Read More »

Scroll to Top