EFCC Grills AMCON MD, Ahmed Kuru Over Diversion Of Assets
THE Economic and Financial Crimes Commission (EFCC) on Wednesday grilled the managing director of Assets Management Company of Nigeria, (AMCON),…
Month: January 2022
African Tourism Sees 12% Jump In 2021 But Remains Well Below Pre-Pandemic Levels
GLOBAL tourism experienced a 4 percent increase in 2021, compared to 2020. However, the United Nations World Trade Organisation (UNWTO)…
Energy Battle: NEC Recommends N302 Fuel Pump Price
THE federal government has said it will soon begin consultation with the relevant agencies on the proposed removal of subsidy…
Heritage Land Dispute Over Amazon’s New Africa HQ Goes To Court
GROUPS representing the descendants of South Africa’s earliest inhabitants, the Khoi and San, went to court on Wednesday to try…
Kenya Set For Avocado Exports To China
KENYA will soon commence exporting avocado to China amid growing bilateral trade between the two countries, an executive said on…
Court Awards N10m Fine Against ICPC Over Malicious Prosecution
A FEDERAL High Court, Abuja, on Wednesday, awarded a N10 million fine against the Independent Corrupt Practices and Other Offences…
AFC Raises $400 Million In Syndicated Loan For Critical Infrastructure In Africa
AFRICA Finance Corporation, Africa’s leading infrastructure solutions provider, has raised $400 million in a new syndicated loan to support the…
Fuel Subsidy Will Not Be Removed Now, Says Lawan After Closed-Door Meeting With Buhari
SENATE President Ahmed Lawan has assured Nigerians that subsidy on Petroleum Motor Spirit, PMS, will not be removed for now…
Tanzania, Burundi Ink Deal For $900 Million Rail Link
FINANCE ministers from Tanzania and Burundi have signed an agreement for the construction of a $900 million railway aimed at…
Britain Steps Up Kenya Investments With Railway Hub, Eyes $1bn Deals
BRITAIN is partnering with Kenya to build a new rail hub in the capital Nairobi, and its development arm CDC…