Ghana Closes Borders for Arrivals From Coronavirus-Hit Countries
Ghana is closing its borders to travelers from countries with more than 200 cases of the coronavirus as the West…
Category: Africa
Reports suggest Zenith Bank given green light to acquire Union Bank
Zenith Bank Plc has reportedly been given the green light to merge or acquire Union Bank Nigeria Plc.
Johannesburg Stocks Fall Most Since 1997 in ‘Panic’ Sell-Off
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Traders Dust Off Old Disaster Hedge With Virus Fear Escalating
When markets are in turmoil, traders turn to their favourite hedges. They’re going for a classic form of protection against…
South Africa’s rand steady in calm trade after coronavirus slide
South Africa’s rand traded slightly firmer early on Friday, recovering from a sharp dip in the previous session after the…
IMF: coronavirus means 2020 growth will be lower than 2019
The International Monetary Fund is to offer $50bn (£39bn) in emergency funding for countries hit by the coronavirus, as it…
Moving goods from Apapa port 10 times costlier than Ghanaian, South African ports
A research carried out by SBM Intelligence has shown that it is 10 times costlier to move goods from the…
South Africa Central Banker Sees No Need for Emergency Rates Meeting
South Africa’s central bank sees no need for an emergency meeting on interest rates and will wait for its regular…
Report Says Port Transport Is 10 Times Costlier In Nigeria Than Ghana, SA
Local transportation of goods from Apapa and Tincan Island ports in Lagos costs up to 10 times higher than the…
Coronavirus: Nigeria may review 2020 budget – minister
The fast-spreading coronavirus from China is threatening Nigeria’s main source of revenue – oil. To this end, the Federal Government…
Zimbabwe in ‘economic and humanitarian crisis’ as IMF sounds alarm
Zimbabwe is facing an “economic and humanitarian crisis” amid a lethal cocktail of macroeconomic instability, climate shocks and policy missteps,…
Gas supply from Nigeria to Ghana, others resumes
The West African Gas Pipeline Company Limited has said it is resuming its supply of natural gas from Nigeria to…
Africa May Only See Impact of New Free-Trade Deal After 3 Years
The real impact of commerce under a Pan-African deal to establish the world’s largest free-trade area will probably only be…
Lafarge Africa rewards customers
Lafarge Africa Plc has rewarded its customers during its Customer Award event held in Lagos. The event was an opportunity…
Continued border closure not sustainable – MAN
The Manufacturers Association of Nigeria has said that the continued closure of the country’s land borders is unsustainable as many…
SIFAX, SAHCO plan expansion across Africa
IFAX Group, the parent company of Skyway Aviation Handling Company Plc has said it plans to expand its operations into…
AfDB’s faults World Bank on Nigeria, Africa’s debt profiles
The African Development Bank has said that the upward debt trend of some African countries did not portend systemic risk…
Ghana goes after former Finance Minister over bank collapse, industry crisis
Ghana is coming after its former Finance Minister, Kwabena Duffuor, for his role in the activities that led to the…