President Buhari approves N656 billion Bridge Financing Facility to 36 States
President Muhammadu Buhari has approved the sum of N656 billion as Bridge Financing Facility to the 36 States of the…
Cloudmania targets 13 African countries with new offerings
Cloudmania, an exclusive provider of Cloud Partner Programmes in Africa, has opened its doors in 13 countries across the continent.…
Load-shedding to move to stage 1 on Friday, with brief reprieve tonight
The current round of stage two load-shedding is expected to be lifted at 9pm on Thursday, then resume at stage…
Icasa publishes spectrum information memorandum
The Independent Communications Authority of South Africa (Icasa) has published an updated Information Memorandum (IM) for the licensing of the…
African Central Banks to Hold Rates on Temporary Inflation Spike
Central banks in six of seven major African economies will likely look past a temporary spike in inflation and leave…
Make the most of year-end shopping and the eCommerce boom with Standard Bank’s online business solution
Digital transformation has become a familiar term over the last few years as more businesses embrace digital solutions, technological advancements,…
NITDA Partners FCCPC To Tackle Data Abuse By Money Lending Operations
The National Information Technology Development Agency (NITDA) in continuation of its efforts to address the alarming rates of data privacy…
Nigeria To Sustain Economic Growth With Multilateral Funding – Buhari
President Muhammadu Buhari has said the federal government will continue to support efforts to broaden the economy through multilateral financing.…
Naira gets stronger as traders record $9.5 billion turnover at official forex window since September
The Investor and Exporter Window of the FMDQOTC where forex is sold officially has recorded a cumulative forex turnover of…
SA’s power utility Eskom is facing R125 billion of interest payment woes, reveals report by auditor-general and audit firm
POWER utility Eskom, currently putting on a charm offensive due to its shoddy performance in keeping the lights on, is…
Egyptian Billionaire Warns Against Bitcoin, Says It Could Be Hacked
Egyptian billionaire businessman Naguib Sawiris, the scion of Egyptian construction magnate Onsi Sawiris, is not interested in Bitcoin, according to…
Japan reports first bird flu outbreak of season, culling 143,000 chickens
Japan has detected its first outbreak of bird flu for the 2021 winter season, with confirmation of a case of…
China’s slowdown raises questions for global economy
The Chinese economy, weighed down by electricity shortages and a vast real estate crisis, has lost its luster recently, to…
CBN Pushed N2.907tr Cash Into Circulation In 2020 – Report
Despite the rising inflation, the Central Bank of Nigeria (CBN) allowed about N2.907 trillion or 19.06 percent more currency in…
Nigeria-Cote d’Ivoire Bi-national Commission will stem migration, says Osinbajo
Nigeria and Cote d’Ivoire must continue to build closer economic ties and integrate, especially within the ambit of regional integration…
Tanzania Is Home to Nearly 6,000 Billionaires
There are close to 6,000 billionaires in Tanzania engaged in different businesses such as mining, industrial trade, financial sector, telecommunications,…
Zimbabwe’s annual inflation seen at 65% by year-end
ZIMBABWE’S annual inflation will likely end the year between 55% and 65% against a government forecast of 53%, due to…
5G: NCC To Earn N197bn From 100MHz Spectrum Auction
The Nigerian Communications Commission (NCC) has put the reserve price for the auction of each of the two lots of…
MTN Nigeria to conclude sale of 575m shares to investors
MTN Nigeria Communications Plc (MTN Nigeria) has announced that it intends to proceed with its public offer for sale of…
Natural Gas Key to Africa’s Energy Security, Says AfDB’s Adesina
Natural gas remains key to Africa’s energy security and economic prosperity, even as political pressure grows to speed up the…