Insurers, unit trusts big winners in Uganda tax proposals
Insurance companies and unit trust funds have emerged as big winners in Uganda’s tax proposals for the next financial year...
Economy/Technology
DRC moves for majority stake in joint minerals venture with China
The Democratic Republic of Congo aims to boost its stake in a cobalt and copper joint venture with Chinese firms...
Nigeria Air Plane getting set to hit market
Determined to unveil the National carrier, Nigeria Air, before the administration of President Muhammadu Buhari ends on May 29, 2023,...
Nigerians get NIN with debit card merger
Nigerians can now request their commercial banks to provide them with a debit card which doubles as their National Identity...
NDIC assures defunct banks’ depositors of prompt refund
The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of the closed banks of speedy payment of their insured sums....
Cash scarcity crashes GDP to 2.3%
The cash scarcity caused by the naira redesign policy of the Central Bank of Nigeria has pushed Nigeria’s Gross Domestic...
Solid finance important for transformation of economy – NGX
The Nigerian Exchange Limited has said that sustainable finance is important to the transformation of the Nigerian economy. Divisional Head,...
Interest rate hits 18% – CBN
The Central Bank of Nigeria (CBN) has raised the interest rate from 18 percent to 18.5 percent. The apex bank...
Total, Africa Oil exit Kenya Turkana crude project
British exploration firm, Tullow Oil has assumed full ownership of the Kenya crude project in Turkana after its joint venture...
IFC to invest $17.5m in mega mixed-use complex in Kigali
The International Finance Corporation (IFC) will invest $17.5 million in French real estate conglomerate Duval Group to develop a mega...
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