Africa Business News

The Minister of Information and National Orientation, Mohammed Idris, has assured Nigerians that the N27.5 trillion 2024 budget presented by President Bola Tinubu to the National Assembly will mark the beginning of the transformation in the country once it is passed by the federal lawmakers.
Idris explained that the proposed budget signifies a pivotal step towards the realisation of President Tinubu’s renewed hope agenda which aligns fiscal strategies and priorities with broader national development objectives.
He says the budget as presented signifies a pivotal step towards the realisation of the Renewed Hope Agenda, by aligning fiscal strategies and priorities with broader national development objectives.

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The Minister of Information and National Orientation, Mohammed Idris, has assured Nigerians that the N27.5 trillion 2024 budget presented by President Bola Tinubu to the National Assembly will mark the beginning of the transformation in the country once it is passed by the federal lawmakers.
Idris explained that the proposed budget signifies a pivotal step towards the realisation of President Tinubu’s renewed hope agenda which aligns fiscal strategies and priorities with broader national development objectives.
He says the budget as presented signifies a pivotal step towards the realisation of the Renewed Hope Agenda, by aligning fiscal strategies and priorities with broader national development objectives.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Minister of Information and National Orientation, Mohammed Idris, has assured Nigerians that the N27.5 trillion 2024 budget presented by President Bola Tinubu to the National Assembly will mark the beginning of the transformation in the country once it is passed by the federal lawmakers.
Idris explained that the proposed budget signifies a pivotal step towards the realisation of President Tinubu’s renewed hope agenda which aligns fiscal strategies and priorities with broader national development objectives.
He says the budget as presented signifies a pivotal step towards the realisation of the Renewed Hope Agenda, by aligning fiscal strategies and priorities with broader national development objectives.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Supreme Court, in the ruling, reviewed its earlier order that the old notes should cease to be legal tender by the last day of December 2023.
The Supreme Court extended the lifespan of the redesigned 200, 500 and 1000 naira notes.
Many state governments sued the federal government, urging the Supreme Court to reverse the monetary policy.
A seven-member panel of the Supreme Court led by John Okoro had in March ordered the CBN to continue to receive the old notes from Nigerians until 31 December 2023.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Supreme Court, in the ruling, reviewed its earlier order that the old notes should cease to be legal tender by the last day of December 2023.
The Supreme Court extended the lifespan of the redesigned 200, 500 and 1000 naira notes.
Many state governments sued the federal government, urging the Supreme Court to reverse the monetary policy.
A seven-member panel of the Supreme Court led by John Okoro had in March ordered the CBN to continue to receive the old notes from Nigerians until 31 December 2023.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Supreme Court, in the ruling, reviewed its earlier order that the old notes should cease to be legal tender by the last day of December 2023.
The Supreme Court extended the lifespan of the redesigned 200, 500 and 1000 naira notes.
Many state governments sued the federal government, urging the Supreme Court to reverse the monetary policy.
A seven-member panel of the Supreme Court led by John Okoro had in March ordered the CBN to continue to receive the old notes from Nigerians until 31 December 2023.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

Tanzania has signed a deal for one of East Africa's biggest land-based carbon credit projects.
The project covers six national parks, spanning 1.8 million hectares (4.4 million acres).
Tanzania, which has forest resources of nearly 48 million hectares, has emerged as one of the leading African players in the global carbon credit trade.
It comes as world leaders are in Dubai for the COP28 summit aimed at finding ways to tackle climate change.
The new deal is an alliance between Tanzania's national park management agency, Tanapa, and Carbon Tanzania, a locally based company.
Some of the revenue from the sale of carbon credits will go to Tanapa and local communities.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

Tanzania has signed a deal for one of East Africa's biggest land-based carbon credit projects.
The project covers six national parks, spanning 1.8 million hectares (4.4 million acres).
Tanzania, which has forest resources of nearly 48 million hectares, has emerged as one of the leading African players in the global carbon credit trade.
It comes as world leaders are in Dubai for the COP28 summit aimed at finding ways to tackle climate change.
The new deal is an alliance between Tanzania's national park management agency, Tanapa, and Carbon Tanzania, a locally based company.
Some of the revenue from the sale of carbon credits will go to Tanapa and local communities.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

Tanzania has signed a deal for one of East Africa's biggest land-based carbon credit projects.
The project covers six national parks, spanning 1.8 million hectares (4.4 million acres).
Tanzania, which has forest resources of nearly 48 million hectares, has emerged as one of the leading African players in the global carbon credit trade.
It comes as world leaders are in Dubai for the COP28 summit aimed at finding ways to tackle climate change.
The new deal is an alliance between Tanzania's national park management agency, Tanapa, and Carbon Tanzania, a locally based company.
Some of the revenue from the sale of carbon credits will go to Tanapa and local communities.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

Norway’s Equinor has concluded the sale of its 20.21 per cent stake in Chevron’s operated Agbami oil field.
Equinor says that it had agreed to sell its share in the Agbami oil field to Nigerian-owned Chappal Energies for an undisclosed amount.
The assets to be sold also included Equinor Nigeria Energy Company’s 53.85 per cent ownership in Oil Mining License 128.
Equinor’s senior vice president for Africa operations, Nina Koch, this transaction realises value and is in line with Equinor’s strategy to optimise its international oil and gas portfolio and focus on core areas.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.