KENYA’S President Uhuru Kenyatta has defended the country’s China-backed infrastructure projects, which critics say are secretive, high cost, and put state assets at risk. Kenyatta made the comments Thursday at the site of the Nairobi Expressway toll road, which a…
THE increasing cost of groceries and provisions has affected hamper sales ahead of the yuletide. Our reporter, who visited some shops and markets in Lagos, found a drop in hamper sales compared to previous years. At the Mushin market provision…
CHINA’S Zhejiang Huayou Cobalt said on Wednesday it would pay a total $422 million to acquire the Arcadia hard-rock lithium mine in Zimbabwe. The move marks Huayou’s second foray into lithium, a key ingredient in rechargeable batteries, in the space…
By ABDULLAHI RABIU, Kano GOVERNOR Abdullahi Umar Ganduje of Kano State has assented to the 2022 appropriation bill into law. Speaking immediately after signing the bill, held at the Government House Kano the governor said the budget would be in…
Mr. Chanda brings nearly 30 years’ work experience in policy dialogue and investment programming The African Development Bank Group (www.AfDB.org) is pleased to announce the appointment of Mr. Osward Mulenga Chanda as Director, Water Development and Sanitation, with effect from 1 December…
AFRICA’S newest gas producers are concerned that projects utilising the resources to broaden access to electricity are under threat by a push to avoid the funding of fossil fuels. ‘Many companies operating in the sector are scaling down or pulling…
THE International Monetary Fund will start discussions next month on an extended credit facility with Mozambique, the fund said on Tuesday, its first potential programme with the country since suspending support in 2016. That year Mozambique unveiled hefty state-backed borrowing…
A BRAWL broke out on the floor of Ghana’s parliament late on Monday as lawmakers debated a proposed tax on electronic transactions that has divided the house for weeks. The 1.75 percent e-levy, which would include taxes on mobile money…
KOGI State Governor Yahaya Bello has been fingered to be the North Central governor who withdrew N60bn cash from the state coffers. An investigation by SaharaReporters showed that Yahaya Bello of Kogi State is the governor whom the Economic and…
THE Federal Inland Revenue Service (FIRS) have collected over N5.3 trillion as at November 30, 2021 being 85% of the national tax target. This feat was achieved by the vision, focus and commitment of the Executive Chairman of FIRS, Mr.…
