JUSTICE S.M. Shuaibu of the Federal High Court sitting in Benin City on Wednesday, January 26, 2022, convicted and sentenced one Omo-Ogbebor Uyioghosa to two years imprisonment on one count charge of impersonation and obtaining by false pretence brought against…
OPERATIVES of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested one Michael Jackson for his alleged involvement in internet fraud. He was arrested on Tuesday, January 25, 2022, following the credible intelligence received by…
BRENT oil on Wednesday surpassed $90 per barrel to strike the highest level for more than seven years, rattled by geopolitical tensions in Ukraine and supply concerns in the Middle East. European benchmark Brent North Sea crude rallied as high…
ANGOLA will gradually eliminate import duties for products originating from member states of the African Continental Free Trade Area (AfCFTA), according to a communique released on Tuesday. The measure is based on the Memorandum on the Proposed Tariff Offer of…
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…
