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. …
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- AfricaAFRICA NEWSBusinessEconomyNewsNigeriaReal EstateWestern Africa
- AfricaBusinessEconomyINVESTMENTNewsNigeriaWestern Africa
AfDB, IsDB, FDA to invest $618m in Nigeria’s digital and creative start-ups
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) …
- AfricaAviationBusinessINVESTMENTNewsNigeriaWestern Africa
Nigeria Air: FG announces Ethiopian Airlines as preferred bidder
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 …
- AfricaBusinessEconomyNewsNigeriaReal EstateWestern Africa
PenCom approves use of RSA balance for mortgage
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). …
- AfricaEconomyGhanaNewsWestern Africa
Sovereign debt default ‘a real possibility’ for Ghana, says Fitch director
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 …
- AfricaBusinessNewsSouth AfricaSouthern Africa
MultiChoice acquires its first non-entertainment business
MultiChoice has acquired its first non-entertainment business, emergency response app Namola, which offers users a platform to rapidly share their location with emergency responders. Once dubbed the ‘Uber for police’, …
- AfricaBusinessEducationNewsNigeria
ASUU strike: Salaries Commission advised FG to increase lecturers’ salaries
The Chairman of the National Salaries, Incomes and Wages Commission, Mr. Ekpo Nta stated that it advised the Federal Government to increase the salaries of Nigerian tertiary education lecturers. This was disclosed by Mr. Nta on …
- AfricaNewsNigeriaTechnologyWestern Africa
Zoom users advised to install the latest update over vulnerability
The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has advised the users of videotelephony platform, Zoom, to install the latest update of the software from its publisher’s official website following the …
- AfricaAFRICA NEWSBusinessNewsNigeriaWestern Africa
Tony Elumelu Foundation signs a $20 million deal with USADF to empower African entrepreneurs
The Tony Elumelu Foundation (TEF) has signed a $20 million deal with The United States African Development Foundation (USADF) to empower African entrepreneurs. An offshoot of the ongoing United Nations …