Understanding liquidity flows in Nigeria’s power sector
16 November 2019 | 6:00 am
As liquidity concerns remain on the front burner in Nigeria’s Power Sector – to explore latest concerns within the sector and their implications for GENCOs in Nigeria, Joy Ogaji, Executive Secretary of the Association of Power Generation Companies joins CNBC Africa.
27 Nov 2021
Nigeria has the second largest film output in the world, but many filmmakers struggle with low budgets and barely make a profit. But streaming platforms are giving a boost to African films.
International travel picked up over the summer, but Covid-19 is still expected to cost the global tourism industry some €1.8 trillion in 2021. Also, French finance minister Bruno Le Maire remains optimistic about the recovery despite concerns over the Omicron variant, and farmers in India continue their protest movement despite concessions from the government.
When Gambia's president Adama Barrow came to power in 2016, he promised to step down after three years. His decision to extend his term from three to five years - and seek another - has unsurprisingly divided the country. Edith Kimani meets young Gambians in the heat of the election campaign to hear from both sides.
East Africa has been ramping up efforts to expose its citizens to Chinese culture - particularly through language. In Kenya Mandarin is offered as a selective language in the national curriculum, while in Uganda it’s now a compulsory subject in some schools. But is this simply an exchange of cultures, or is there more to it?
In October, the Central Bank of Nigeria launched the hugely-anticipated eNaira, joining the small league of countries to own their digital currency. But it hasn’t been smooth sailing for the currency that, according to the CBN, offers more possibilities. What do you think about the eNaira? How would you describe your experience with the eNaira app?
Oil giant Shell will pay a Nigerian community $111m (£80m) over an oil spill more than 50 years ago. A spokesman said the payment would mark the "full and final settlement" to the Ejama-Ebubu community over a spill during the 1967-70 Biafran War. The company has maintained that the damage was caused by third parties.
Here are a few reasons to pick up a copy of The Guardian on Wednesday.
Traditionally, growing avocados requires lots of water. But entrepreneurs in Nigeria are attempting to grow them in a new water-saving and sustainable way by using drip irrigation systems and recycling water.
Here are a few reasons to pick up a copy of The Guardian on Thursday
France is home to some of the biggest luxury brands in the world. While many everyday businesses have struggled to bounce back from the health crisis, it’s been just the opposite for the most exclusive French labels. Jean-Noël Kapferer, professor emeritus of marketing, talks us through the success of luxury brands bouncing back from the pandemic. We also see how the luxury sector is making its way into the second-hand market, bringing in a whole new clientele.
On GirlZOffMute, we're in Nigeria with the nine-year-old, multi-talented artist Lisa Ebube Nnabuihe, aka Little Lisza. Apart from composing her own songs, she remixes those of famous Nigerian musicians. But which of her remixes is her favorite? And why does Lisa take such pride in her Igbo culture? Listen to what she told our teen reporter who is also a Hollywood star – Angel Onyi Unigwe.
2 hours ago
The burning of fossil fuels like coal and gas supercharged the heat wave that has scorched India and Pakistan in recent weeks, two separate attribution studies have found.
2 hours ago
The opposition leader has been behind bars since January 2021 on charges of fraud. The US has described the legal process as a "sham" while human rights groups have decried his treatment in prison.
2 hours ago
Imran Khan may be out as prime minister, but he still has plenty of supporters. They turned out in force on Sunday, and his party has called for more protests. This underscores how shaky political situation remains.
3 hours ago
Italians poured into the streets and squares of Rome in massive numbers on Wednesday as the A.S. Roma soccer team defeated Feyenoord to win the Europa conference league final.
5 hours ago
Olaf Scholz signed deals that will see Germany help African nations build their infrastructure to extract and export oil and gas to Europe. He also promised to keep German troops in the Sahel.