CONAKRY (CONVERSEER) – The Guinean government has revoked the licenses of more than 40 mining companies, targeting operations in bauxite, gold, diamond, and graphite. While the move signals increasing resource nationalism across military-led states like Guinea, Niger, Mali, and Burkina Faso, industry regional economist say the revoked permits belong to underperforming firms and will have…
ACCRA (CONVERSEER) – Ghana’s energy sector is on the brink of a nationwide power crisis due to a severe shortage of liquid fuel needed to operate the country’s power plants. Energy Minister John Jinapor raised the alarm during an appearance before Parliament’s Energy Committee on Thursday, May 15, revealing that Ghana has less than three…
ABUJA (CONVERSEER) – The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Interbank Settlement System (NIBSS), has unveiled a new digital platform that allows Nigerians living abroad to obtain their Bank Verification Number (BVN) remotely. The move is aimed at enhancing financial inclusion and increasing diaspora remittances to an ambitious target of $1…
Cross River State, Governor Bassey Otu , with the CEO of Nugi Technologies Nigeria Ltd, Ms. Akinlabi Ajoke (right) during the launch on Monday. By Anietie Akpan In a major move to improve the ease of doing business and land administration in Cross River State, Governor Bassey Otu has announced the full digitalization and fast-tracking…
BERLIN (DPA, CONVERSEER) – United States carmaker Ford is facing a bleak future in Europe, an industry expert has said. “The situation is bad and the prospects are even worse,” said Ferdinand Dudenhöffer, director of the Bochum-based Centre Automotive Research. “Ford is too small in the passenger car sector to be able to operate profitably…
