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Day: January 5, 2023

NBK Capital Holds Final Close for Shari’ah Credit Fund.
Business

NBK Capital Holds Final Close for Shari’ah Credit Fund.

A renowned regional investment advisor, NBK Capital Partners, has announced the completion of the third-generation private credit oriented NBK Capital…

byakintundeJanuary 5, 2023January 6, 2023
Transform Health Fund wins $50 million in commitments
AfricaHealthLocal

Transform Health Fund wins $50 million in commitments

The Health Finance Coalition (HFC), powered by Malaria No More, and AfricInvest pledged commitments of $50 million for the pan-African…

byakintundeJanuary 5, 2023January 6, 2023
Amethis Invests Growth Capital into Moroccan Globex Logistics.
AfricaBusiness

Amethis Invests Growth Capital into Moroccan Globex Logistics.

The Moroccan company Globex, a specialist in fast messaging, freight, and transit solutions in Morocco and sub-Saharan Africa, has acquired…

byakintundeJanuary 5, 2023January 5, 2023
2023 Budget would Result in Unemployment and Inflation – Utomi.
Business

2023 Budget would Result in Unemployment and Inflation – Utomi.

According to Pat Utomi, a political economy professor and the founder of the Centre for Values in Leadership, the recently…

byakintundeJanuary 5, 2023January 7, 2023
Ghana is Prepared to Submit a G20 Framework Debt Relief Request.
Africa

Ghana is Prepared to Submit a G20 Framework Debt Relief Request.

Ghana is prepared to submit a request for debt relief under the G20 Common Framework program and has asked for…

byakintundeJanuary 5, 2023January 5, 2023
Nigeria FG Pays 2022 Contributory Pension Retirees N13.89 billion.
Local

Nigeria FG Pays 2022 Contributory Pension Retirees N13.89 billion.

The Federal Government has made N13.89 billion available to pay the pensions of its employees who retired in 2022. The…

byakintundeJanuary 5, 2023January 5, 2023
President Ruto has Stated that Kenya Will Not Miss Debt Payments.
Africa

President Ruto has Stated that Kenya Will Not Miss Debt Payments.

According to President William Ruto, Kenya will not default on its debt and has plans to increase tax collection over…

byakintundeJanuary 5, 2023January 5, 2023
Discos in Nigeria Increase the Price of Electricity Covertly, and Consumers Pay.
Energy

Discos in Nigeria Increase the Price of Electricity Covertly, and Consumers Pay.

The rate paid by power consumers across the nation has been surreptitiously hiked by electricity distribution corporations. However, the Disco…

byakintundeJanuary 5, 2023January 5, 2023
Nigeria to Spend $7.5 billion on Fuel Subsidies in 2023.
Commodities

Nigeria to Spend $7.5 billion on Fuel Subsidies in 2023.

Regarding Fuel scarcity, the Finance Minister, Zainab Ahmed, Nigeria has set aside 3. 36 trillion naira ($7.5 billion) to continue…

byakintundeJanuary 5, 2023January 5, 2023
Nigeria’s Debt to Hit N77tn, While Loan Servicing Will Cost N5.2tn.
FinanceLocal

Nigeria’s Debt to Hit N77tn, While Loan Servicing Will Cost N5.2tn.

Nigeria debt 2022: If the National Assembly grants the president’s request to reorganize the Ways and Means Advances, Nigeria’s public…

byakintundeJanuary 5, 2023January 5, 2023

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