The Federal Government of Nigeria says it is set to deploy an Integrated Secure Track and Trace Solution to boost revenue earnings through excise and tax collection. Michael Ohiani, director-general, Infrastructure Concession …
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- AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyNewsNigeriaWestern Africa
CBN to debit banks on Thursday after CRR Raise To 32.5%
The Central Bank of Nigeria (CBN) says it will debit all banks in the country on Thursday, Sept. 29, for the Cash Reserve Ratio (CRR) to allow for the mopping-up of liquidity. …
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Egypt aims to raise $6B through selling stakes in state-owned companies before mid-2023
Egypt aims to raise up to $6 billion, before June 2023, by selling stakes in state-owned companies, according to the Minister of Planning, Hala El-Said. El-Said added that the program …
- AfricaAFRICA NEWSBusinessEconomyEgyptEnergyNewsNorth AfricaNorthern AfricaOil & Gas
Egypt’s gas exports hit $8B in 2021/2022
Egypt’s exports of natural and liquefied gas amounted to about $8 billion in the fiscal year 2021/2022, according to a cabinet statement on Sunday. Previously, Finance Minister Mohamed Maait said …
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APC postpones commencement of presidential campaigns indefinitely, to expand campaign council
The Presidential Campaign Council (PCC) of the All Progressives Congress (APC) has indefinitely postponed the commencement of its campaigns for the 2023 presidential election, which was earlier scheduled for Wednesday, September 28. The decision follows plans …
- AfricaBusinessNewsNigeriaWestern Africa
National assembly to pass data protection bill within 30 days
The National Assembly says it will pass the Data Protection Bill within 30 days once it receives the draft from the Federal Executive Council (FEC). Yakubu Useni, the chairman of the …
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Fidelity Bank partners with SMEDAN to empower SMEs
Fidelity Bank Plc in a bid to reinforce its support for SMEs has entered into a strategic partnership with the Small and Medium Enterprises Development Agency (SMEDAN). At a Memorandum …
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Circle K to enter South Africa in October
One of the United States’ (US) leading convenience retail brands, Circle K, is expected to open its first South African store in October. South Africa will soon have a new …
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These are the best airlines of 2022, according to travelers
As the world finishes unpicking its Covid-19 travel restrictions, business trips and tourism are firmly back on the agenda in most places, anyway. The question is, who to fly with? Qatar Airways …
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King Charles III will be on banknotes by mid-2024, Bank of England says
Banknotes featuring a portrait of King Charles III are expected to enter circulation by the middle of 2024, the Bank of England said Tuesday. The central bank will reveal the …