March 26
Senegal: Outgoing President Sall Bemoans High Cost of Elections
President Macky Sall of Senegal has bemoaned the high cost of organising elections in Africa. Read more »
Nigeria: Central Bank Raises Interest Rate
The committee voted to retain the Cash Reserve Ratio (CRR) at 45 per cent for commercial banks and adjust the CRR of merchant banks from 10 per cent to 14 per cent Read more »
Nigeria: Central Bank Raises Interest Rate
The committee voted to retain the Cash Reserve Ratio (CRR) at 45 per cent for commercial banks and adjust the CRR of merchant banks from 10 per cent to 14 per cent Read more »
March 23
Nigeria: Delta, Ekiti, Edo, Ondo Seek Shareholder Rights in Benin Disco
The state governments noted that the decision is to ensure the efficient provision of electricity services to citizens. Read more »
Nigeria: Yemi Cardoso - Making the CBN Work Again
The applause for Mr Cardoso and his management team at the CBN should be resounding and high. Read more »
March 22
Nigeria: Nigeria Customs Suspends 25 Percent Penalty On Improperly Imported Vehicles
"Stakeholders, including vehicle owners, importers, and agents, are encouraged to seize this opportunity to regularise import duty payments within the designated 90-day timeframe,"… Read more »
March 23
Nigeria: Police Foil Kidnap Attempt On Buruku-Kaduna Highway
"While conducting a routine crime prevention patrol along the highway, the vigilant PMF personnel spotted bandits near Corner Ugara." Read more »
Nigeria: Emulate Otti, Stop Pensions to Ex-Governors, Obasanjo Tells Nigerian Governors
The bill repealed the law supporting the payment of pensions to former governors and their deputies in Abia State. Read more »
West Africa: Nigerian Govt Reiterates Intention to Boost Power Supply to 6,500mw in Six Months
Mr Adelabu compared Nigeria's power generation capacity unfavourably to that of countries like Korea and China, underscoring the need for substantial improvement. Read more »
March 25
Nigeria: Govt Files Tax Evasion Charges Against Binance
The federal government of Nigeria on Monday initiated criminal proceedings against Binance, a leading cryptocurrency exchange platform. Read more »
Nigeria: Exclusive - Binance Speaks On Escape of Executive From Nigerian Custody
Mr Anjarwalla escaped a day after the Nigerian government slammed a four-count criminal charge on him, Tigran Gambaryan and Binance. Read more »
Nigeria: Withheld Salaries - SSANU Threatens Indefinite Action, As Unions End Warning Strike
The SSANU President, Mr Ibrahim said: I hate to say and with a very heavy heart, if it means shutting down the system again, once our organs sanctions it, we will do it. This time… Read more »
March 24
West Africa: Nigeria Seeks Joint West Africa Regional Protection of Undersea Cables
"By ensuring the security of these vital assets, we can attract more investment, spur economic growth, and enhance our competitiveness on the global stage." Read more »
March 23
Nigeria: Investigation - Beautiful Infrastructure but Poor Staffing, Lack of Drugs Hinder Phc Services in Borno Communities
Though the infrastructural upgrade across PHCs in Borno State communities are noticeable, poor staffing, lack of drugs, among other necessities have continued to hinder smooth… Read more »
March 22
Nigeria: Exclusive - Why British Investor's Bid to Buy Pz Cussons Nigeria Fell Apart
PZ Cussons (Holdings) UK set out on 4 September 2023 to purchase other stockholders' shares numbering 1.06 billion at N21 per unit. Read more »
March 21
Nigeria: Don't Tax Vegetable Sellers, Nigerian Governor Warns Revenue Officers
The governor gave the warning while inaugurating new revenue officers. Read more »
March 20
Nigeria: Central Bank Clears All 'Valid' Forex Backlog
The CBN recently completed the payment of $1.5 billion Read more »
Nigeria: Senate Extends Implementation of 2023 Budget Till June
The extension of the 2023 budget and the 2023 supplementary budget followed a request by President Bola Tinubu. Read more »
Nigeria: Reps Extend Implementation of 2023 Budgets Till June, Adjourn for Easter, Eid Fitri
President Tinubu had in a correspondence to the National Assembly requested it to extend the lives of the budgets to ensure full implementation. Read more »
March 19
Nigeria: Dangote Begins Distribution of N13 Billion Rice to Vulnerable Nigerians
The Aliko Dangote Foundation is also distributing meals to at least 10,000 Muslims observing the Ramadan fast in Kano State. Read more »
Nigeria: Nigeria's Natep Signs MOU With Lab Four to Create 50,000 Jobs
Industry Minister, Doris Uzoka-Anite, says the pact between NATEP is planned to ultimately yield one million jobs. Read more »
March 18
Nigeria: Ownership of Oil Palm Giant Presco Returns to Nigeria After 33-Year Belgian Control
Presco is the country's biggest fully integrated agro-industrial palm processor, according to GCR Ratings. Read more »
Nigeria: 'Poor People Don't Eat Eggs,' Nigerian Governor Rejects Inclusion of Eggs in Subsidised Food Items
Subsidised food items will be sold to vulnerable persons already enlisted in the state's social register. Read more »
March 17
Nigeria: CBN Reiterates Directive to Banks On Utilisation of Forex Gains
Banks shall not utilize such FX revaluation gains to pay dividends or meet operating expenses. Read more »
March 18
Nigeria: Address Anxiety Over Oil Exploration in Bauchi, Gombe, Group Urges Govt
The Nigerian government has found one billion barrels of oil reserves and 500 billion cubic feet of gas within the Kolmani river area of Gombe and Bauchi State. Read more »