Kenya Strengthens Climate Change Legislation to Regulate Carbon Markets
Kenyan President William Ruto recently signed the Climate Change (Amendment) Bill 2023 into law, marking a!-->…
KCB Group Authorized to Liquidate DAC Aviation International’s Assets Due to…
The Commercial and Tax Division Court has granted KCB Group the authority to liquidate the assets of DAC Aviation!-->…
Kenya’s KRA Loses $1.38 Billion Tax Case Against Bidco Oil Refineries
Kenya Revenue Authority (KRA) has faced defeat in a prolonged tax dispute with Bidco Oil Refineries, amounting to!-->…
Nigerian Oil Marketers Secure Funding to Develop 30,000 Gas Stations Amid Fuel…
Nigerian oil marketers have received approval from both domestic and international financiers to establish!-->…
Nigerian National Petroleum Company Instructs Marketers to Load Petroleum Products…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has refuted claims of petroleum product!-->…
Nigeria Identified as the Least Refining OPEC Member, Averaging 10,600 bpd Over…
OPEC has singled out Nigeria, one of Africa's leading oil producers, as the least refining member within the!-->…
Nigerian Government Plans to Reduce Tax Waivers Given to Companies
The Nigerian Federal Government is preparing to review and reduce the tax waivers granted to companies operating!-->…
Nigerian Government Tax Revenue Soars by 96.11% in Q2 2023
In the second quarter of 2023, tax revenue from both companies and consumers in Nigeria witnessed a remarkable!-->…
Nigerian Stock Market Emerges as Second-Best Performer in Africa Over 3 Months
Despite concerns regarding inflation, interest rate hikes, and weak macroeconomic indicators, the confidence of!-->…
Nigeria’s Stocks Surge by N1.08 Trillion
In the trading week concluding on September 1, Nigeria's stock market experienced significant growth, with an!-->…
DSS Detains Central Bank Deputy Governor Amidst Ongoing Financial Mismanagement…
The Department of State Service (DSS) has reportedly apprehended Mr. Kingsley Obiora, the Central Bank of!-->…
Reducing Nigerian Government Borrowing Requires Addressing Insecurity and…
Financial experts suggest that for the Nigerian government to reduce borrowing, it needs to address the issue of!-->…
African Union Suspends Gabon’s Membership Following Coup
The African Union (AU) has suspended Gabon's membership after military officers ousted President Ali Bongo. This!-->…
ECOWAS Denies Reports of Transition Proposal in Nigeria
The Economic Community of West African States (ECOWAS) has refuted reports suggesting that its leader, President!-->…
Biden Administration Offers $12 Billion to Automakers to Retrofit Plants for EV…
The Biden administration is providing $12 billion in grants and loans to auto manufacturers and suppliers to!-->…
China Takes Measures to Boost Economy Amidst Slowdown
As China grapples with an economic slowdown and a debt crisis in the property sector, authorities have rolled out!-->…
Kenyan Savings and Credit Cooperative Societies (Saccos) Report Increased Lending…
Data from the annual Sacco Societies Regulatory Authority (SASRA) report for 2022 indicates that land purchases!-->…
Nairobi Securities Exchange (NSE) Reports 72.4% Jump in H1 Net Profit Amid…
The Nairobi Securities Exchange (NSE) recorded a substantial 72.4% increase in net profit, reaching Ksh 69.38!-->…
“Growing Skills Gap Poses Major Threat to Nigeria’s Telecom…
A dire warning has been sounded regarding the growing skills gap in Nigeria's telecommunications sector, which!-->…
MTN Nigeria’s Financial Maneuvers: Raises N125 Billion via Series 6&7…
MTN Nigeria has successfully raised a substantial sum of N125 billion through its Series 6 and 7 commercial paper!-->…
Dangote Group Shakes Up Subsidiaries in Mega Merger Move: Shareholders Brace for…
The Dangote Group has announced a merger of its subsidiaries, including Dangote Sugar, NASCON, and Dangote Rice,!-->…
Google Introduces BigQuery Studio for Data Analytics
Google has unveiled a new service called BigQuery Studio, designed to address the challenges of executing big data!-->…
Military Seizes Power in Gabon Following Election
A group of army officers in Gabon announced on national television that they had seized power in the Central!-->…
Safaricom Disburses Dividend to Shareholders
Safaricom, a leading telecommunications company in Kenya, has commenced the distribution of a final dividend of!-->…
World Bank Engages Nigerian Government on Effective Public Fund Utilization
The World Bank has communicated its engagement with the Federal Government of Nigeria to ensure that public funds!-->…
Plural Launches AI-Powered Policy Tracking Platform in South Africa
Plural, an AI-powered policy tracking platform, has expanded its services into Africa, starting with South Africa!-->…
Shell Signs Letter of Intent for Floating Production Unit in U.S. Gulf of Mexico
Shell Offshore, a subsidiary of Shell, has entered into a letter of intent (LOI) with Seatrium Oil and Gas!-->…
Crude Oil Prices Rise on Hurricane Threat and Inventory Draw
Crude oil prices continued their upward trajectory, buoyed by a combination of factors including the approach of!-->…
Floods Trigger Concerns for Nigerian Farmers Repaying N700bn Loan as Lagdo Dam…
As flooding engulfs frontline states following the release of water from Cameroon's Lagdo Dam, over 3.04 million!-->…
AFEX and Ghana Commodities Exchange Join Forces to Boost Commodity Trading…
Nigeria's commodities exchange, AFEX, and Ghana Commodities Exchange (GCX) have embarked on a transformative!-->…