The Nigerian National Petroleum Company (NNPC) Limited says six international oil companies (IOCs) will remit N380.04 billion in October as proceeds from the sale of domestic crude oil in July …
Cash-strapped state defence firm Denel will need around R3 billion (~$170 million) to cover a funding gap for a restructuring plan it is aiming to execute over the next 12 …
The Senate Committee on Federal Capital Territory (FCT) has asked the federal government to tax unoccupied houses in the territory as a way of generating revenue and reducing housing deficit. …
The African Development Bank (AfDB), Islamic Development Bank (IsDB), and the French Development Agency (FDA), have disclosed plans to invest $618 million in the Digital and Creative Enterprises Programme (I-DICE) …
As part of preparations to float the proposed national carrier, Nigeria Air, the Federal Government on Friday announced Ethiopian Airlines as the preferred bidder. Minister of Aviation, Sen. Hadi Sirika, said …
The National Pension Commission (PenCom) on Friday announced that it has approved guidelines for pension contributors in active employment to get a residential mortgage using their retirement savings account (RSA). …
Sovereign debt default is “a real possibility” for Ghana, and any kind of domestic debt restructuring could severely threaten the local banking sector, a senior director from the ratings agency …
Egypt is exploring financing financing options that include affordable loans from China and Japan, Finance Minister Mohamed Maait said on Thursday. The North African country is seeking to diversify its …
Egypt’s central bank (CBE) has on Thursday kept its key interest rates unchanged for the third time in a row. The central bank’s Monetary Policy Committee (MPC) has maintained its …
Booking.com, a Dutch online travel agency for lodging reservations & other travel products, announced Wednesday the stoppage of supporting the Egyptian pound starting from Thursday, Sept. 22. This announcement means …