Ghana’s return to the International Capital Market may not materialise anytime soon due to the negative impact of downgrades on its economy by international rating agencies, Finance Minister, Ken Ofori-Atta …
Western Africa
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CBN begins deductions from states, and farmers’ accounts to recover loans from its intervention programmes
The Central Bank of Nigeria (CBN) has commenced deductions from accounts of defaulters under its development finance interventions to recover outstanding loans. Yusuf Yila, director, development finance of the CBN, said this …
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Shell acquires Nigeria’s Daystar power in first Africa power buy
Energy giant Shell Plc has acquired Nigeria-based hybrid solar power solutions provider Daystar Power, in its first acquisition of a power firm in Africa. Founded in 2017, Daystar Power is …
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BusinessBusiness InsightsNigeriaReal EstateSterling HomesWestern AfricaWisdom Kwarty Smart City
20 Real Estate CEOs Of Distinction In Nigeria.
by Viola Echereby Viola EchereIt is no news that the Real Estate sector provides opportunities for young entrepreneurs if maximized properly and the real estate sector in Nigeria is of course no different, It …
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eNaira app downloads hit 905,588
The Central Bank of Nigeria (CBN) has stated that the eNaira application has so far recorded a total of 905,588 downloads. CBN Governor, Godwin Emefiele, revealed this on Tuesday in Abuja after the Monetary …
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Ghana records $731m from oil production in H1, 2022
Ghana earned a total of over $731.94 million from oil production in the first half of 2022. This earnings came from the three fields namely, Jubilee, TEN and Sankofa Gye …
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Ghanaian businesses given ultimatum to change auditors serving for more than 6 years
The Registrar of Companies, Jemima Oware, has given a directive to all companies in Ghana to change their auditors who have served for more than six years. The directive which …
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African countries urged to speak out against worker abuse ahead of Qatar World Cup
With just about two months before the 2022 FIFA World Cup begins in Qatar, calls have mounted for African countries to seek justice for their citizens who have worked in …
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Calendly acquires recruiting startup, Prelude
Calendly, a $3 billion scheduling startup has acquired Prelude, a startup specializing in the hiring process. Prelude is specifically geared toward scheduling job interviews or other types of recruitment-related meetings. Tope …
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AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
Nigerian government to adopt PPP solution for excise and tax collection
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 …