The Senate on Wednesday approved the sum of N215,811,290,243 as budget for the Federal Inland Revenue Service (FIRS) for the 2022 fiscal year. The approval followed the consideration of a report by the Committee on Finance at plenary. The Chairman…
UGANDA wants to curb its borrowing and boost exports in sectors such as meat and dairy as the East African country lifts restrictions triggered by the coronavirus pandemic, President Yoweri Museveni and government officials told Reuters. Uganda’s trade push follows several…
FORBES, a global media company, focusing on business, investing, technology, entrepreneurship, leadership, and lifestyle has listed the richest African people in 2022. Aliko Dangote, Nigeria’s business mogul tops the list. He has held the position for the eleventh time. Forbes…
GHANA’S economic rebound is on course despite global challenges brought by the Covid-19 pandemic, as stimulus packages for various sectors were beginning to yield positive results, Minister of State of the Ghanaian Finance Ministry Charles Adu-Boahen said Monday. ‘Our Gross…
UK Export Finance released new data on Tuesday showing it provided more than £500 million worth of support for projects in West Africa throughout 2021, the most in over two decades. At last week’s Africa Investment Conference (20 January), the Prime Minister said the…
SUDAN will expand its use of gold exports to cover imports of essential goods as it embarks on a new 2022 budget without foreign aid during an economic downturn after a coup. Billions of dollars of much-needed foreign assistance were cut after…
THE National Agency for Food and Drug Administration and Control (NAFDAC) has stopped the registration of alcohol in sachet, small volume PET and glass bottles below 200 millilitres. The Director-General of the agency, Prof. Mojisola Adeyeye, disclosed this in a…
RENEW Nigeria, a non governmental and rights group has asked the Asset Management Corporation of Nigeria AMCON to publish names of obligors to Nigerian Banks after the expiration of January 5th , 2022 deadline. The civil society organisation in a…
KENYA is accelerating reforms in the energy sector to lower the cost of power and invest more in renewable energy in a bid to spur economic development, a government official said on Friday. Monica Juma, the cabinet secretary of the…
Nigeria is set to curb imports in the face of declining revenue from oil. The agriculture sector looks good to dislodge oil as a major revenue earner and, ultimately, contribute to economic growth and development. However, with various operators in…
