On Tuesday, Sunday Sabiyi, the chairman of the association at the National Assembly premises in Abuja announced that the Parliamentary Staff Association of Nigeria would suspend the strike action which …
Economy
Members of the property, investment and business sectors say a 24-hour work day in Johannesburg has the potential to unleash endless opportunities for efficiency, growth and employment in the city. …
PIC, Public Investment Corporation; South Africa‘s state-run asset manager the is seeking to up its share of unlisted investments from 5% of its portfolio to 25% over the next five …
- AfricaEconomyNigeriaWestern Africa
Fish importation to bridge deficit is depleting Nigeria’s forex –FG
Nigeria imports about 2.4 million metric tonnes of frozen fish annually and this is taking a toll on the country’s foreign exchange reserves, the Federal Government of Nigeria lamented on …
- BusinessEconomySouthern Africa
Ramaphosa to tackle issue of unemployment, announces 100,000 new jobs in South Africa
The government plans to introduce several reforms to create jobs for the country’s millions of unemployed young people, says president Cyril Ramaphosa. Writing in his weekly open letter to the …
SARS, South African Revenue Service has announced the start dates and details for the 2022 tax season, with the tax authority warning of penalties for South Africans who fail to …
Central Bank of Kenya(CBK) collected KSh 14billion at this week’s treasury bills auction and received bids worth KSh 14.7billion out of the KSh 24billion on offer, an under subscription rate of 61.26%. …
- AfricaBanking, Finance & InvestmentBusiness and EconomyEconomyINVESTMENTNewsNigeriaWestern Africa
Banks reward savings accounts with 1.28%, lending hits 26.61%
The gap between the savings and lending rates in banks widened by 25.33 per cent in March, according to figures obtained from the Central Bank of Nigeria. Latest figures obtained …
- EconomyManufacturing & Consumer GoodsNewsNigeriaWestern Africa
NGX: Market capitalisation loses N42 billion on Wednesday
The Nigerian Exchange Ltd., (NGX) on Wednesday ended three consecutive sessions of gain with market capitalisation closing at N28.677 trillion from N28.719 trillion on Tuesday, representing a loss of N42 …
Ghana’s inflation rate jumped to the highest level in more than 18 years in May as food and transport costs surged. Annual inflation accelerated to 27.6%, the fastest pace since …