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Wednesday, 26th February, 2020
 Business News:
Kenya: (Feb 26, 2020) - Although many Kenyan companies doing business with Tanzania may not publicly admit it, they are caught up in a cold war that threatens to freeze them out. They accuse the neighbour...
Nigeria: (Feb 19, 2020) - The World Bank on Tuesday approved six projects worth about $2.2bn for implementation in Nigeria in the 2020 fiscal year. The management of the bank had met to deliberate on a request...
Nigeria: (Feb 18, 2020) - On Monday the International Monetary Fund (IMF)  lauded the Federal Government on its economic reform policies, especially on the Finance Act and the Deep Offshore Basin Act. The...
Nigeria: (Feb 16, 2020) - The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed says the Federal Government through Bank of Industry (BoI) has approved facility of about seven billion naira...
Nigeria: (Feb 13, 2020) - For the ninth year in a row, Aliko Dangote of Nigeria has been declared as the wealthiest person in Africa, with an estimated net worth of $10.1 billion. In the latest ranking of...
Nigeria: (Feb 08, 2020) - The National Bank of Rwanda has maintained the Key Repo rate at 5 per cent following the Monetary Policy Committee meeting held on Friday February 7. The key repo rate is the maximum...
Nigeria: (Feb 05, 2020) - China- Airbus has closed its aircraft production facility in Tianjin, near the Chinese capital Beijing, due to the coronavirus outbreak, the aircraft manufacturer said on Wednesday. “China...
Nigeria: (Feb 04, 2020) -     Poverty rate in more than half of the 36 states of the nation is above the national average of 69 per cent, the African Development Bank has said. The bank said...
Nigeria: (Jan 17, 2020) -  Mrs Zainab Ahmed, minister of Finance, Budget and National Planning on Thursday disclosed that the implementation of the 7.5% Value Added Tax (VAT) commences February 1, 2020,...
Nigeria: (Jan 14, 2020) - Aliko Dangote, Nigerian business magnate has once again declared his intention to buy Arsenal Football Club. Dangote, Africa’s richest man, has previously made a number of statements...
Nigeria: (Jan 05, 2020) - The Chief Executive Officer (CEO), Air Peace, Mr. Allen Onyema, has underscored the need for massive investment in Nigeria’s agricultural sector to achieve the Federal Government’s...
Nigeria: (Jan 01, 2020) - Africa’s richest man, Aliko Dangote became $4.3 billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar, according to Bloomberg.com...
Nigeria: (Dec 29, 2019) -  CAIRO- Egyptian Metro Company prepares to launch a global tender to select a company to implement a new digital payment system while booking tickets at subway stations. Last...
Nigeria: (Dec 28, 2019) - Turkey unveiled its first domestically designed automobile prototypes on Friday – a sport utility vehicle (SUV) and a sedan. The fully electric SUV is expected to have two...
Nigeria: (Dec 26, 2019) - One of the leading online  search giant, Google on Wednesday said the transformation desired in Nigeria and in West Africa can only be achieved through the deployment of technology...
Nigeria: (Dec 25, 2019) - "The first Spanish train will arrive in Cairo at the end of 2020," sources at the Railways Authority told Egypt Today on Tuesday. The sources pointed out that the authority...
Nigeria: (Dec 24, 2019) - Mixed feelings have greeted the crash in the prices of Abakaliki rice ahead of Christmas celebration. While the rice farmers and millers are lamenting the crash in the price and...
Nigeria: (Dec 24, 2019) - The Central Bank of Nigeria (CBN) said the N50 being charged Nigerians who use Point of Sale (POS) machines for transactions, is a misinterpretation of its directive by rogue merchants. Musa...
Nigeria: (Dec 24, 2019) - EgyptAir received on Monday the seventh A220-300 aircraft as part of a deal with Airbus Company to purchase 12 aircraft of the same tybe . The larger member of the A220 Family –...
Nigeria: (Dec 24, 2019) -     ECOWAS Heads of States and Government have adopted “EC” as symbol for the single currency, Eco, to be used in Nigerian and 14 other countries. They...
Nigeria: (Dec 23, 2019) - The Kano State Internal Revenue Services (KIRS) has sealed three branches of Zenith bank in Kano over non-payment of N423m personal income tax. The affected branches are the Regional...
Nigeria: (Dec 22, 2019) - Abuja- The Central Bank of Nigeria on Sunday reduced the withdrawal fee charged for the use of other banks’ Automated Teller Machines from N65 to N35. The N35 ATM fee according...
Nigeria: (Dec 18, 2019) -   The National Bureau of Statistics on Tuesday released the Consumer Price Index, which measures inflation rate, with the index rising by 0.24 percentage points year on year...
Nigeria: (Dec 14, 2019) - The Transmission Company of Nigeria (TCN) has asked its international electricity customers to pay $9 million outstanding power bills. Speaking in Abuja, Usman Mohammed, managing...


 
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