Africa’s payment technology company, Verve International, has welcomed its first francophone e-commerce and merchant aggregator, CinetPay, into the Verve ecosystem.

The African Development Bank (AfDB) Group and the Securities and Exchange Commission (SEC) have signed a 460,000 dollar agreement to support the acquisition, installation and deployment of an automated surveillance system to protect the capital market.

The management of Aero Contractors Company Nig. Ltd. said it would temporarily suspend scheduled passenger services operations from Wednesday.

The Naira on Monday gained against the greenback at the Investors and Exporters window, exchanging at N429.12 to the dollar.

The Debt Management Office (DMO) says it raised N123.85 billion in its July Federal Government of Nigeria (FGN) bond auction.

Mr Haruna Abdullahi, Acting Executive Chairman, Federal Capital Territory Internal Revenue Service (FCT-IRS), says the service prioritises staff training.

A company spokesperson said that the failure of an overhead power line in southern Germany had paralysed production at Europe’s largest BMW plant in Dingolfing.

In its bid to promote environmental sustainability, Dangote Cement Plc has planted 7,205 trees across Africa to commemorate the 2022 Environmental Day.

The Seaport Terminal Operators Association of Nigeria (STOAN) on Sunday felicitated the new Minister of Transportation, Mr Mu’azu Sambo, on his appointment by President Muhammadu Buhari.

The Naira depreciated against the dollar at the Investors and Exporters Window on Thursday exchanging at N424.62 to the dollar.

The Nigerian Exchange Ltd. (NGX) on Thursday transacted 115.41 million shares worth N1.21 billion in 3,731 deals as the indices dropped by 0.1 percent.

German carrier Lufthansa is cancelling another 2,000 flights between now and the end of August due to staff shortage, a company spokesman said on Wednesday.