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Zone Payment Network is partnering with Nigeria Inter-Bank Settlement System, the National Central Switch and Nigeria’s first Payment Terminal Service Aggregator.

Zone, NIBSS partner to improve payment process in Nigeria

The Nigerian Electricity Regulatory Commission has issued nine new off-grid generation licences to private firms in the first quarter of 2024. 

Nigeria grants 9 private firms off-grid power generation licences

Nigeria's National Emergency Management Agency is intensifying calls to communities at risk of flooding to relocate to higher ground in anticipation of the peak rainy season. 

Will Nigeria avert 2024 flood risks?

The Centre for the Promotion of Private Enterprise is recommending that Nigeria pegs the customs duty exchange rate at 1,000 naira to the U.S. dollar for the next six months in the first instance through an Executive Order. 

CPPE wants Nigeria's customs duty exchange rate pegged at ₦1,000/$1 for next 6 months

The Nigerian government has opened its 500-million-dollar domestic dollar bond to local and foreign investors in its first series of raising as much as 2 billion dollars within the next five years. 

Nigeria's maiden $500mn domestic dollar bond opens 

EnterpriseNGR’s State of Enterprise Report shows that Nigeria’s Financial and Professional Services sectors recorded remarkable resilience despite the socio-economic challenges encountered in 2023. 

EnterpriseNGR: Nigeria's financial & professional services shows resilience 

As the foreign exchange crisis continues to permeate, Ekene Nnabuihe, the CEO of Boulevard Hotel Group, says foreign hotel brands are partnering local players in Africa to better manage their portfolios. 

How hotel investors are hedging against FX crisis in Africa

The shortage of mpox vaccines and treatments in Africa this year underscores the dire need for greater regional vaccine manufacturing. 

CGD: Mpox outbreak underscores need for greater regional vaccine manufacturing

The Manufacturers Association of Nigeria is recommending a blend of strategies to mitigate the intensity of key macroeconomic variables on businesses. 

MAN: Detour from rate hikes needed for real sector recovery

Ghana has sustained its inflation slowdown for the fourth consecutive month since April this year. 

Ghana inflation slows to 20.9% y/y in July 2024

The CEO of MicroPharm UK, Ian Cameron says the partnership with AMA Medical Manufacturing to set up a facility to produce anti-venom involves millions of dollars and years of technology transfer. 

Cameron: Funding, partnership crucial to affordable anti-venom

Nigeria may lose about 188 billion naira over six months with the implementation of the duty-free importation of food items in the country according to the Nigerian Customs Service. 

PLWA