Senate Says 7.5% VAT Increase Won’t Affect Purchasing Power The Senate has said the recently increased Value Added Tax (VAT) won’t affect the purchasing power of...
South African Air Cancels More Routes Amid Drop in Revenue South African Airways has started cancelling scheduled flights to cut cost as revenue plummeted. The national...
UBA Connect: Customers Can Now Withdraw and Deposit Across Africa United Bank for Africa (UBA) Plc customers can now perform traditional banking operations at any UBA...
Afreximbank Signs $190m Deal With Made in Africa In a bid to support African businesses and enhance productivity on the continent, the African Export-Import Bank (Afreximbank)...
Foreign Investors Withdraw N481.96b in 11 Months Economic uncertainty in Nigeria has prompted foreign portfolio investors in the nation’s capital market to withdraw N481.96 billion between...
Ghana Signs €250m Electricity Deal With Siemens Ghana on Wednesday signed a €250 million electricity deal with a German company, Siemens, to upgrade its national grid....
Lenders to Ease Loan Criteria in Q1, 2020 – CBN The Central Bank of Nigeria has said the nation’s lenders will start reducing loan criteria in...
Dangote to Generate $30bn Annual Revenue by 2022 Aliko Dangote, Africa’s richest man, has said his group of companies will generate a total sum of $30...
US-Iran Conflict: Gold Leads Haven Assets; Surges to 7-month High Gold led haven assets on Wednesday after the Islamic Republic of Iran fired 22 missiles at...
Nigerians Imported Used Cars Worth N1.08trn A recent data from the National Bureau of Statistics (NBS) revealed that Nigerians spent N1.08 trillion on used cars, popularly...
