Nigeria is West Africa’s largest recipient of Foreign direct investment (FDI) as its flow doubled to $4.8 billion in 2021, due to resurgence in investments in the oil and gas …
AfreximBank, a Pan-african multilateral trade finance institution, has hinted of plans to boost infrastructure development in the continent of Africa with $3 billion, according to report by The Nation. This …
The World Bank has predicted that more people in Nigeria and its Sub-Saharan neighbours are expected to fall into extreme poverty. According to a report obtained via a World Bank newsletter …
Latest updates on Nigeria’s cash call arrears repayment showed that the country had so far repaid a total of $3.72bn to five international oil firms, leaving an outstanding balance of …
Foremost Africa’s governance consultancy and communications firm, StateCraft Inc. has bagged the Integrated Marketing prize at the just concluded 2022 Sabre Awards Africa. This year’s edition of the award took …
The Federal Inland Revenue Service (FIRS) has announced that it will begin a compliance exercise on Value Added Tax (VAT) and Withholding Tax in July 2022. The announcement was made …
Mainstream Energy Solutions Limited (MESL), operator of the 760 megawatts (MW) Kainji hydropower plant and the 578MW Jebba hydro, has begun an $89 million (about N37.2 billion) project to add …
To drive non-oil exports, the Nigerian Export Promotion Council (NEPC) has launched a Trade House in Cairo, Egypt while targeting to launch such in seven other countries. The Trade House …
SARS, South African Revenue Service has announced the start dates and details for the 2022 tax season, with the tax authority warning of penalties for South Africans who fail to …
CEO The Foschini Group (TFG) says the company is planning a new “omni-channel platform” which will be a first for South Africa. During the group’s results announcement on Friday CEO …