The minister of communications Stella Ndabeni-Abrahams has acknowledged some of the criticisms levelled against her department’s draft data and cloud policy. The policy seeks to ‘strengthen the capacity of the …
Business Policies
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Banking, Finance & InvestmentBusiness PoliciesWestern Africa
Relief as Naira Gains N9 to Trade at N493/$1 at Black Market
There was a relief at the unregulated segment of the foreign exchange (FX) market on Thursday after days of anxiety caused by hoarding and panic buying. The Nigerian currency strongly …
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Business PoliciesWestern AfricaZenith Bank
Market Gains 0.13% as Wema Bank, Zenith Bank Attract Investors
The Nigerian Exchange (NGX) Limited closed 0.13 per cent higher on Thursday on the back of a renewed interest in local equities. Shares of Wema Bank, Mutual Benefits Assurance, Zenith …
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The diamond firm Debswana has announced the discovery in Botswana of a 1,098-carat stone that it described as the third largest of its kind in the world. The company’s acting …
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Business PoliciesHospitality, Travel & TourismWestern Africa
NCAA Asks Pilots to Beware of Hazardous Weather Conditions
Nigerian Civil Aviation Authority (NCAA) has warned pilots, operators and Air Traffic Controllers to be cautious of severe thunderstorms and other hazardous weather conditions which hamper flight operations especially now …
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The Securities and Exchange Commission (SEC) Nigeria’s apex capital market regulator, has granted NG Clearing Limited (NG Clearing) registration to perform the function of a central counterparty (CCP) with effect …
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Business PoliciesNorthern AfricaTelecommunications
Facebook to removed fake Ethiopia account network ahead of election
Facebook Inc said on Wednesday it had removed a network of fake accounts in Ethiopia targeting domestic users ahead of next week’s elections, which is linked to individuals associated with …
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Egypt is aiming to grow its agricultural exports to $2.2 billion by September, the end of the current export season, according to Abdel Hamid Demerdash, head of the country’s Agricultural …
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The United States plans to increase funding to Egypt to help it convert to solar energy and move away from fossil fuels, U.S. special envoy for climate John Kerry said …
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A new Central African Republic prime minister has been named by presidential decree on Friday after the government resigned as the impoverished country struggles with a rebellion and a bust-up …