News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
The Nigerian National Petroleum Company (NNPC) Limited says six international oil companies (IOCs) will remit N380.04 billion in October as proceeds from the sale of domestic crude oil in July …
The Senate Committee on Federal Capital Territory (FCT) has asked the federal government to tax unoccupied houses in the territory as a way of generating revenue and reducing housing deficit. …
The African Development Bank (AfDB), Islamic Development Bank (IsDB), and the French Development Agency (FDA), have disclosed plans to invest $618 million in the Digital and Creative Enterprises Programme (I-DICE) …
As part of preparations to float the proposed national carrier, Nigeria Air, the Federal Government on Friday announced Ethiopian Airlines as the preferred bidder. Minister of Aviation, Sen. Hadi Sirika, said …
The National Pension Commission (PenCom) on Friday announced that it has approved guidelines for pension contributors in active employment to get a residential mortgage using their retirement savings account (RSA). …
Sovereign debt default is “a real possibility” for Ghana, and any kind of domestic debt restructuring could severely threaten the local banking sector, a senior director from the ratings agency …
Egypt is exploring financing financing options that include affordable loans from China and Japan, Finance Minister Mohamed Maait said on Thursday. The North African country is seeking to diversify its …
MultiChoice has acquired its first non-entertainment business, emergency response app Namola, which offers users a platform to rapidly share their location with emergency responders. Once dubbed the ‘Uber for police’, …
The Chairman of the National Salaries, Incomes and Wages Commission, Mr. Ekpo Nta stated that it advised the Federal Government to increase the salaries of Nigerian tertiary education lecturers. This was disclosed by Mr. Nta on …
The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has advised the users of videotelephony platform, Zoom, to install the latest update of the software from its publisher’s official website following the …
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