The Federal Government of Nigeria has officially launched the Revenue Optimisation and Assurance Project, popularly called REV-OP, as a new step to reduce revenue leakages, improve transparency, and strengthen Nigeria’s …
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President Boakai Defends Use of Private Jet Amid Public Criticism and Economic Woes
MONROVIA, Liberia – Liberian President Joseph Boakai has responded to mounting criticism over his recent use of a private jet for international travel, stating that the decision was not motivated …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyMarketsNewsPoliciesSouth Africa
South African Rand Drops Amid Iran-Israel Conflict
JOHANNESBURG, June 19 (Reuters) – The South African rand weakened in early Thursday trade, reflecting growing global risk aversion as the Iran-Israel conflict stretched into its seventh day and investors …
- AfricaAFRICA NEWSBusiness and EconomyEconomyFinance & ServicesSouth Africa
High Court Slams JDG Trading’s Loan Insurance as Unreasonable to Social Grant Beneficiaries
JOHANNESBURG – The Gauteng High Court in Johannesburg has ruled that it is unreasonable and exploitative to offer insurance cover for disability and retrenchment to already disabled or unemployed social …
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UZ Lecturers’ Strike Enters Third Month as Tensions Rise Over Stalled Wage Negotiations
HARARE – The University of Zimbabwe (UZ) continues to face mounting pressure as the wage strike by its academic staff, now entering its third month, shows no signs of abating. …
The Federal Government, State Governments, and Local Government Councils have shared a total revenue of ₦1.659 trillion for the month of May 2025, according to a communiqué issued at the …
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Senate Gives NNPCL One Week to Explain N210tn Financial Discrepancy
The Senate of the Federal Republic of Nigeria has given the Nigerian National Petroleum Company Limited (NNPCL) a one-week ultimatum to provide clear explanations for alleged discrepancies amounting to over …
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Sedibeng to Host Spaza Shop Support Fund Campaign
VEREENIGING – The Sedibeng District Municipality in Gauteng will be the next focus of a growing national campaign aimed at boosting township economies through the Spaza Shop Support Fund, a …
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Nigeria Begins Official Campaign for IMO Council Re-Election
Nigeria has officially launched its campaign to be re-elected into the International Maritime Organisation (IMO) Council under Category C for the 2026–2027 term. The event took place at the Delegates’ …
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President Mwinyi Receives Special Recognition for Championing Investment in Zanzibar
ZANZIBAR CITY – Zanzibar President Dr. Hussein Ali Mwinyi has been honoured with a Special Recognition Award by the Zanzibar Investment Promotion Authority (ZIPA) for his outstanding role in transforming …