Electricity Power Equipment

Nigeria may cut electricity supply to Benin, Niger, Togo over debt

President Muhammadu Buhari has joined operators in the power sector to call on international customers who receive electricity from Nigeria to either pay their bills or be disconnected. Nigeria sells power to the Republics of Togo, Niger and Benin, and classifies the West African countries as international customers. Officials at the Federal Ministry of Power, […]

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Diamond Bank

Diamond Bank plans to sell W’African operations to Manzi Finances

Diamond Bank Plc is set to sell its West African banking operations to Manzi Finances S.A., a Cote d’Ivoire-based financial services holding company, in order to focus on Nigeria’s significant retail banking opportunity. The bank said on Friday that it had agreed to sell its operations in Benin, Togo, Cote d’Ivoire and Senegal. According to […]

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Togo panel approves bill to revamp constitution, presidential term limit

A parliamentary panel in Togo on Friday approved a controversial bill to revamp the constitution and introduce a presidential term limit, after days of protests against the regime of Faure Gnassingbe, the scion of Africa’s oldest political dynasty. After a closed-door session, ten members of the National Assembly’s law commission approved the government-proposed text by […]

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AFRIPRUD_NSE (2): L-R: Mr. Peter Ashade, Managing Director/CEO, Africa Prudential Plc; Ammuna Lawan Ali, Non-Executive Director (Independent), Africa Prudential Plc; Mr. Oscar Onyema, CEO, Nigerian Stock Exchange; Chief (Mrs.) Eniola Fadayomi, Chairman; and Mr. Peter Elumelu, Non-Executive Director, Africa Prudential Plc at the Closing Gong Ceremony held at the Exchange in Lagos, recently.

Africa Prudential recognises best registrar firm in W’Africa, unveils new identity

Africa Prudential Registrars Plc has been named the Best Registrar Firm in West Africa by Africa-Canada Trade Alliance at the 7th Edition of the West Africa Innovation and Excellence Awards ceremony which held at Abuja recently. According to a letter issued by the organisers, the innovation award celebrates outstanding innovations, brands and personalities in the […]

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Nigeria’s economic decline affects neighbouring countries – IMF

Due to the intra-regional trade and remittance ties between Nigeria and neighbouring countries, the economies of the Chad and Niger had been significantly affected by the economic downturn in Nigeria, the International Monetary Fund has said. The IMF, in its latest staff report for the 2017 Article IV consultation on Nigeria, stated that in Chad, […]

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