KENYANS made 1.9 trillion mobile money transactions in the first 11 months of 2021, worth more than $55bn. The Central Bank of Kenya (CBK) said that transactions in the first 11 months of 2021 were 20 percent up on the…
THE Debt Management Office (DMO) has released a calendar for the issuance of bonds for the first quarter of 2022 (Q1-2022). The calendar shows that on January 16, DMO will issue a N70 billion to N80 billion, four years and…
THE African Continental Free Trade Area (AfCFTA) Secretariat, African Export-Import (Afrexim) Bank, and other partners launched the Pan-African Payment and Settlement System (PAPSS) on Thursday in a bid to boost the intra-African trade. The move followed the successful piloting of…
By ABDULLAHI RABIU, Kano KANO state Executive Council has approved the sum of N500, 000 million as counterpart fund for the implementation of a Six years World Bank assisted project tagged: Agro Climatic Resilience in Semi-Arid Landscapes (ACReSAL). The State…
BARRICK Gold, which owns Mali’s biggest gold mine complex Loulo-Gounkoto, says its mines in the country have ‘thus far not been affected’ by sanctions imposed by the Economic Community of West African States. The 15-state regional bloc imposed tough economic…
SOCIO-ECONOMIC Rights and Accountability Project (SERAP) has filed a lawsuit against the Senate President, Dr Ahmad Lawan and Speaker of House of Representatives, Mr Femi Gbajabiamila for “their failure to probe, and to refer to appropriate anti-corruption agencies fresh allegations…
KENYAN President Uhuru Kenyatta inspected the ongoing construction of the KSh40bn (about $350 million) offshore Kipevu Oil Terminal, the largest of its kind in Africa. The construction of the 770-metre-long jetty, currently at 96 percent complete, is wholly funded by…
THE National Pension Commission (PenCom) has announced an additional release of N31.97 billion by the Federal Government for the payment of accrued pension rights to 2021 retirees. This is coming after the release of the sum of N16.67 billion on…
‘SO great has this government’s commitment to education been that public expenditure on education has almost doubled from GH¢20.7bn (about $32.4bn) between 2013 and 2016, that is in the Mahama era, to GH¢40.4bn between 2017 and 2020, that is in the…
By ABDULLAHI RABIU, Kano ONE of the richest Nigerians and Chairman of many conglomerates Alhaji Aminu Dantata has said Nigeria had fail from all dimension and that the Country has to drop the Presidential system and work with Paliamentary for…
