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…
NIGERIAN Trade Union Congress has listed conditions that the Federal Government should fulfill before removing subsidy from Premium Motor Spirit (PMS) otherwise known as petrol. The TUC urged the Federal Government to first fix existing refineries, establish new ones including…
This year’s annual Armed Forces Remembrance Day may have come and gone, but interactions with the some ex-military personnel show that all is not well with the living heroes. They say even widows of the fallen heroes being celebrated are…
ZAMBIA’S Finance Minister Situmbeko Musokotwane said on Friday he expected the country to reach full agreement with the IMF in the middle of this year, after reaching a staff-level agreement for a $1.4bn support plan in December. Zambia, one of…
THE Organized Labour in Kogi State has issued a 14-day fresh ultimatum to the Kogi State Government to implement the N30,000 new minimum wage or it will embark on indefinite strike action. Addressing a press conference in Lokoja on Friday,…
