The Central Bank of Nigeria (CBN) has returned the interest rate on all its interventions back to nine percent from five percent a circular that was released by the apex bank …
Shanta Gold reported a net loss of $7.3 million (Sh874.7 million) in its West Kenya project last year, reflecting the capital expenditure it is making with a goal of starting …
The Bank of Ghana (BOG) has increased its monetary policy rate (MPR) from 19 percent to 22 percent in a bid to curb inflationary pressures and halt the depreciation of …
The Nigeria Customs Service (NCS) says it generated N1.293 trillion between January and June 2022 as revenue for the federation. This represents a 28.83 percent increase from the N1 trillion generated within …
Kenyan Families will spend more of their monthly income on purchasing school items according to a survey conducted by global company World Remit. The survey showed that Kenyan families will …
Investors are unwilling to lend the government billions of shillings in a push for higher interest rates, signalling a funding headache that awaits the incoming administration. The August Treasury bond …
Emirates Airlines has announced the suspension of its flight operations to Nigeria effective September 1, 2022. The flag carrier of the United Arab Emirates (UAE) disclosed this in a statement …
Goldman Sachs, a global investment and research firm, has predicted that the Bank of Ghana (BoG) will raise its policy rate by 200 basis points (bp) on Wednesday when it …
Businesses in Nairobi have remained positive about resumption in activities as the election period comes to an end. This after a slowdown in activity since last week as most Nairobians …
Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) signed a memorandum of understanding (MoU) with Toyota Tsusho Corporation, a member of the Japanese manufacturer Toyota Group, …
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