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. …
Western Africa
-
AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyNewsNigeriaWestern Africa
-
AfricaBuildingEconomyGhanaNewsWestern Africa
Too early to speculate on Ghana’s debt restructuring, says IMF
The International Monetary Fund (IMF) has cooled speculations that Ghana is poised to start talks on the restructuring of its debt as part of plans to secure a $3 billion …
-
AfricaAFRICA NEWSBusinessEconomyEnergyGhanaINVESTMENTNewsOil & GasSpotlightWestern Africa
Ghana conducts oil and gas roadshow in Texas to attract investors
The Petroleum Commission together with upstream players, GNPC, GOIL, and Base Energy under the leadership of the Minister for Energy, Dr. Matthew Opoku Prempeh is in Houston, Texas, United States …
-
AfricaAFRICA NEWSNewsNigeriaPoliticsWestern Africa
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 …
-
AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessNewsNigeriaWestern Africa
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 …
-
AfricaAviationBusinessGlobal NewsHospitality, Travel & TourismNewsSpotlightTransportation & LogisiticsTravel & TourismWestern Africa
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 …
-
Ghana began talks with the International Monetary Fund on Monday for an IMF-supported lending programme, the government said in a statement, in a bid to reduce economic hardship that spurred …
-
AfricaBusinessGhanaNewsOil & GasWestern Africa
Ghana commences decommissioning of Saltpond Oil Field
The Ghana National Petroleum Commission (GNPC) is set to commence the technical decommissioning of the Saltpond Oil Field in the Central Region. The decommissioning which was announced in 2016 was …
-
AfricaEconomyEnergyNewsNigeriaWestern Africa
Electricity distribution companies report another national grid collapse
Major electricity distribution companies in Nigeria on Monday announced a fresh national grid collapse which has led to loss of supply across the country. The collapse occurred late Monday morning …