Click here to read or make comments on this topic »
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
Local NGOs subcontracted by a multi-million-dollar microfinance programme are taking bribes from borrowers, according to the fund's directors.
Anambra and Delta States have backed out of the second Niger Bridge project, valued at N10 billion, although the Federal Government has put on the table its N4.3 billion counterpart funding.
As doctors' strike in Lagos State enters the second day yesterday, fewer patients were seen seeking healthcare in most government hospitals in the state.
THE Federal Government yesterday disclosed it was working on reviewing pump prices of petroleum products even as crude oil prices yesterday hovered around $50 per barrel in the international market owing to crisis in the Niger Delta, Israeli invasion of Gaza and the Russia, Ukraine dispute over gas exports.
The 2009 Appropriation Bill should be passed by the House of Representatives in the next two weeks, the lower chamber decided yesterday, two days after insisting that it was not in a hurry to pass the budget.
Liberian President Ellen Johnson Sirleaf will be among several world leaders attending the "New World, New Capitalism Conference," taking place in the French capital, Paris January 8-9.
The Ghana cedi appreciated against the UK Pound and Euro, but continued to fall against the US dollar to push the Gold Coast Securities (GCS)-Cedi Index down by 0.30 points. The Index, which measures the average performance of the cedi against its major trading currencies, went down at 118.12 points from 118.42 points last Friday.
Despite some problems in the financial sector last year, the government of Sierra Leone has ambitious plans for 2009.
A foreign exchange crisis is looming over the economy as the Central Bank of Nigeria (CBN) suspended sales yesterday.
Nigerian banks were recently accused of aiding and abetting the spate of kidnappings and piracy in the Niger Delta and the nation's territorial waters by shielding the identities of those who own the accounts into which relatives of kidnap victims are often compelled to lodge ransom funds.
As part of efforts to reduce over-dependence on gas for power generation in the country, the Federal Government will soon commence work on a 600megawatts capacity Hydro Electric Power Project in Zungeru, Niger State .
Following the crash in the price of crude oil in the international market and public expectations that the condition should translate to a downward review in the price of refined petroleum products, the Federal Government has commenced negotiations with petroleum product marketers and other relevant stakeholders with a view to coming up with a new price regime for petroleum products in Nigeria.
House of Representatives' Committee on Foreign Affairs yesterday gave Minister of Foreign Affairs, Dr Ojo Maduekwe, till 2 p.m. today to appear before it.
Against the backdrop that Africa and other developing nations are not bound to be affected by the global financial crisis, former World Bank president, Mr. James Wolfensohn has stoutly dismissed such speculation, insisting that African countries would be hard hit.
THOSE with matters before the courts - and others whose relations await trials - remember that judicial workers have been on strike since November.
The deadline set for oil companies, by the federal government, to end gas-flaring has once again expired. Representatives of the major oil companies operating in Nigeria collectively reached an agreement with the government in August 2000 that the required phase-out of gas-flaring would be met by December 31 2007. This was to replace a previous deadline of 2004.
The Federal Government has ordered Nigerian Communications Commission (NCC) to enforce adequate rules and regulations in relation to service delivery in the sub- sector, to ensure that operators meet relevant standards.
The enforcement of the January 1 deadline for the use of crash helmets by motorcycle riders and their passengers in the country is creating scenes and dramas around the country.
Benue State Government has set aside the highest sectoral allocation of N5billion for the health sector in this year's budget to tackle the health challenges and dilapidated infrastructure in the sector.
THE Deputy Commissioner of Research, Monitoring, IT and Budget, Mr. Paul A. Nkansah of the Customs Excise and Preventive Service (CEPS) has expressed great optimism that the Service would meet its revenue target of GH¢ 1916.55 million when it completes collating revenues collected nationwide.
MTN Ghana, the market leader in the increasingly competitive mobile telecommunications industry in the country, has warned its customers of a deceptive e-mail scam that falsely claims that participating individuals would receive a Nokia N95 and a Nokia E90 if they forward a e-mail to about twenty people.
Stanbic Bank is considering opening more branches in the Garden City of Kumasi, under its expansion programme. As a result, the bank would embark on a community outreach programme, in a bid to transform businesses and encourage investments for economic growth.
Dear President Koroma,
Africell Lintel Sierra Leone has handed over a brand new motorbike to Maj. Karifa Kamara of the Republic of Sierra Leone armed forces as his own share in the ongoing end of year promotion.
Minister of energy and power recently said at the Crans Montana forum Manama in Bahrain that President Ernest Koroma instituted the open government initiative in order to sensitize the citizens about government polices.
Active Discussions: West Africa Business