Business Policies

Experts on Wednesday raised concerns over a new policy announced by the Central Bank of Nigeria that heavily limits withdrawals of money in a push for a cashless economy. The …

The world’s 69 poorest countries need an extra $436 billion over five years to address the aftermath of Covid-19, rebuild external buffers and grow incomes, the International Monetary Fund said. …

Federal Government recovers N600 billion from oil and gas companies operating in Nigeria according to reports from the Nigeria Extractive Industries Transparency Initiative (NEITI) audit. This, according to Punch, is …

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to raise the Monetary Policy Rate (MPR) to 14 per cent from 13%. CBN Governor, Godwin …

The Johannesburg Stock Exchange (JSE) on Wednesday afternoon issued a note to traders stating that trading had been halted as a result of “intermittent disconnects across all markets and services.” …

The Federal Government says it has started the implementation of the N10 per liter sugar tax on beverages to reduce the incidences of Non-communicable Diseases. Mr. Dennis Ituma, Chief Superintendent …

The Nigerian Communications Commission (NCC) has finally signed a Public Private Partnership (PPP) agreement with its consultant, 3R Company Nigeria Limited, for the execution of the Revenue Assurance Solutions (RAS) to …

The Nigeria Export Processing Zones Authority (NEPZA) and the Federal Inland Revenue Service (FIRS) have signed a pact aimed at enhancing a better understanding of the Free Trade Zones Scheme’s …

Operations are soon to begin at Sibanye-Stillwater gold mines in South Africa after it signed a three-year wage agreement with trade unions, the miner said in a statement on Monday. …

Nigeria has canceled plans to issue $950 million selling overseas bonds, owing to unfavorable market conditions during the time frame approved for the fundraising. Finance Minister Zainab Ahmed said in …