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Biogaran takes over Swipha’s activities in Nigeria to produce quality generic medicines for the local market

Biogaran takes over Swipha’s activities in Nigeria to produce quality generic medicines for the local market

Biogaran, a French pharmaceutical company specialized in generic and biosimilar medicines, and a subsidiary of Servier, today announced the takeover of all the activities of Swipha, a Nigerian company that manufactures and distributes pharmaceutical products known for their quality. This is an important step forward in the internationalization of the French company Biogaran. In order […]

Nigeria President Gets Thumbs Up on U.S.$500 Million Budget Deficit Bailout

Nigeria President Gets Thumbs Up on U.S.$500 Million Budget Deficit Bailout

The National Assembly has approved the $500m Eurobond to fundthe 2016 budget capital projects’ deficit. In February, the then Acting President, Yemi Osinbajo, had in a letter addressed to both the Senate and House of Representatives sought the approval for the amount. Both chambers separately approved the sum during yesterday’s plenary. While the Senate had […]

Grass-Cutting Scandal: Nigerian Senate Postpones Probe

Grass-Cutting Scandal: Nigerian Senate Postpones Probe

The Secretary to the Government of the Federation (SGF), David Babachir Lawal, has made a u-turn on his appearance before a Senate panel investigating the Presidential Initiative on North East (PINE) Thursday. The SGF was billed to appear before the ad-hoc panel on the investigation led by Senator Shehu Sani (APC, Kaduna). But the SGF […]

Nigeria Among 37 Countries Facing Water Stress

Nigeria Among 37 Countries Facing Water Stress

Nigeria has been listed among 37 countries in the world currently facing extremely high levels of water stress, which occurs when more than 80 per cent of the water available for agriculture, industry and domestic use is withdrawn annual, report from the United Nations International Children’s Emergency Fund (UNICEF) stated. The report released to mark […]

Stop Forced Return of Nigerian Refugees, UN Tells Cameroon

Stop Forced Return of Nigerian Refugees, UN Tells Cameroon

The Cameroon authorities are said to be forcing thousands of Nigerian refugees out of their homes, against their will, to return to the country. The action came, despite a recent an agreement between Nigeria and Cameroon to prevent forced return. According to a report issued by United Nations refugee agency, UNHCR yesterday, Cameroonian soldiers have […]

No African citizens granted visas for African trade summit in California

No African citizens granted visas for African trade summit in California

An annual African trade summit in California had no African attendees this year after at least 60 people were denied visas, according to event leaders. The African Global Economic and Development Summit, a three-day conference at the University of Southern California (USC), typically brings delegations from across Africa to meet with business leaders in the […]

The Africa Center in New York City: ASK your questions LIVE to Aliko Dangote and Halima Aliko Dangote on Thursday, March 23 at 14:00 GMT

The Africa Center in New York City: ASK your questions LIVE to Aliko Dangote and Halima Aliko Dangote on Thursday, March 23 at 14:00 GMT

Halima Aliko Dangote was recently appointed the president of The Africa Center in New York City (www.TheAfricaCenter.org) with the major responsibility of raising capital for the center. The goal is to raise funds to complete the center building in New York. In 2017, there would be three fundraising events lined up to achieve this, one […]

Fintech Africa: 2017 The Year Fintech Shifts Its Focus to Africa

Fintech Africa: 2017 The Year Fintech Shifts Its Focus to Africa

In many cases, fintech’s rapid growth can be attributed to the industry’s widespread adoption and innovation in developed, Western countries. But to continue on its growth path – including a projected compound annual growth rate of 54% through 2020 – fintech businesses have been increasingly developing strategies to target emerging markets. In particular, Africa is […]

Fintech Africa: Traditional banks are now reaching out to fintech startups around Africa

Fintech Africa: Traditional banks are now reaching out to fintech startups around Africa

African fintech is not disrupting the existing financial service providers. This is because, in many areas of the continent, there is nothing to disrupt, with large swathes of the low and lower middle income segments unserved or under-served when it comes to formal financial services. Across most of the continent, there is no formal banking […]

CashlessAfrica Expo Gets Underway in Lagos, Nigeria

CashlessAfrica Expo Gets Underway in Lagos, Nigeria

As the CashlessAfrica expo gets underway at the Lagos Oriental hotel tomorrow, March 22nd and 23rd, experts will gather to discuss the future of finance in Lagos, the economic hub of Nigeri. We invite you join in the discussions and to ask your questions on Twitter #CashlessExpo. The event has attracted more than 35 speakers […]

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