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Naira weakens to N950/dollar as forex scarcity worsens

Naira weakens to N950/dollar as forex scarcity worsens

The naira fell further to the dollar on Wednesday after closing at 950/$ at the parallel market. Bureau de Change operators who spoke to The PUNCH, said the naira which had earlier closed at 930/$ at the close of operations on Tuesday, was bought and sold at 935/$ and 950/$ on Wednesday. At the Investor […]

5 Reasons Procurement Should Be In Consideration For Your Startup

5 Reasons Procurement Should Be In Consideration For Your Startup

If there’s one figure that hangs over the heads of most founders, it’s the fact that nine in 10 startups will fail. The astonishingly low success rate of new companies proves that most are not launching with the right tools to build and sustain growth. Yet, I’ve seen that the majority of teams continue to overlook […]

5 Tips to Perfect Your Elevator Pitch

5 Tips to Perfect Your Elevator Pitch

Communicate your value proposition quickly and effectively to win more business. By Mauricio Umansky  A polished elevator pitch is essential in our fast-paced world. Not only will it allow you to quickly and effectively communicate your value proposition, but it can also help you win more business. In the luxury real estate industry, it is essential to demonstrate the ability to communicate who […]

South Africa Blowing Hot and Coal on Just Energy Transition

South Africa Blowing Hot and Coal on Just Energy Transition

The government has announced that it currently has no plans to discontinue the use of coal as part of the country’s energy mix. While responding to oral questions in the National Assembly, Deputy President David Mabuza said that the country’s energy generation is guided by the Integrated Resource Plan (IRP) 2019. This means that all fuel […]

Africa: Clean Energy Is Africa’s Chance for Climate Resilient Development

Africa: Clean Energy Is Africa’s Chance for Climate Resilient Development

By Deborah Ramalope | Climate Analytics Africa has sunshine all year round – with 7 of the 10 sunniest countries worldwide. The region has great potential for renewable energy, but requires international support to unlock it. A funding deal announced at last year’s UN COP26 climate summit between South Africa and the United States, Britain, […]

Shell, Eni Announce Force Majeure On Key Nigerian Oil Flows

Shell, Eni Announce Force Majeure On Key Nigerian Oil Flows

Royal Dutch Shell and Italian energy giant Eni have both declared force majeure on key oil flows from Nigeria, threatening to disrupt supplies in a market that’s already fretting about the impact of Russia’s invasion of Ukraine. Shell’s measure has been in place since March 3 and applies to its Bonny export program. Eni relates to Brass […]

Put More Women At Top Of World Bank, IMF To Tackle Climate – Aviva CEO

Put More Women At Top Of World Bank, IMF To Tackle Climate – Aviva CEO

\ There should be more women at the top of multilateral organisations to help alleviate the financial impact of climate change, Amanda Blanc, chief executive of British insurer Aviva and chair of a climate action group, said. Blanc and other senior leaders in the Women in Finance Climate Action Group will present recommendations on Nov. […]

Palm Oil In Focus As Swiss Vote On Trade Pact With Indonesia

Palm Oil In Focus As Swiss Vote On Trade Pact With Indonesia

Swiss voters will decide on a free trade agreement (FTA) with Indonesia on Sunday, with lower tariffs on palm oil imports the main issue in what the polls predict will be a tight referendum. The Alpine country signed the pact with Indonesia in 2018 together with the other European Free Trade Association (EFTA) members Iceland, […]

South Sudan Authorities Arrest Two People With $1.8m Counterfeit Cash

South Sudan Authorities Arrest Two People With $1.8m Counterfeit Cash

South Sudan’s Internal Security Bureau of the National Security Services in Juba has apprehended two people believed to have counterfeited more than $1.8 million. Addressing a press conference on Tuesday, David John Kumuri, National Security director of Public Relations, said the suspects were arrested in separate operations. “The two suspects were respectively apprehended in possession […]

China Sentences Former Top Finance Executive To Death For Bribery

China Sentences Former Top Finance Executive To Death For Bribery

A Chinese court has sentenced the former chairman of a huge state-owned financial company to death after finding him guilty of bribery. It’s a rare use of the most severe punishment in a long-running crackdown by Beijing on corruption. Lai Xiaomin —who used to chair China Huarong Asset Management — was guilty of taking or […]

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