NLC threatens strike over Naira scarcity
The Nigerian Labour Congress (NLC) has given the Federal Government a seven-day ultimatum to address the lingering naira notes scarcity...
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Stock market indices reverse negative trend, down by 0.01%
Transactions on the Nigerian equities market closed on a negative note on Monday as market indicators deprecated marginally by 0.01...
Saudi’s oil giant, Aramco nets $161bn
The Saudi Arabia oil giant, Aramco, has reported it made $161 billion from its operations in 2022. The largely state-owned...
Emefiele, Malami get deadline to comply with Court’s order on banknotes
The state governments that sued the federal government over the shoddy implementation of the change of banknotes have decided to...
Why East Africa refugees remain financially underserved
Properly integrating displaced populations within a host country’s financial system invites often thorny political issues and private sector players are...
Kenya Power secures one-year $196m debt moratorium
Kenya Power has secured a one-year extension for the repayment of Ksh25.12 billion ($196.25 million) owed to the government in...
Kenya to get $1bn World Bank loan
The World Bank Group has increased to Sh128.9 billion ($1.0 billion) a budget support loan for Kenya expected by June...
Hydropower generation at record low on drought
Hydropower generation hit a record low in February due to the ongoing drought that has nearly exhausted Kenya’s major dams...
Questions over Sh31bn mystery tractor imports deal with Belarus
If the deal goes through, it will be the single largest import of tractors and agricultural equipment in Kenya in...
AfDB supports Yobe basin Trust Fund with €362,000 grant
The African Development Bank (AfDB) has signed a 362,000 Euros grant agreement with Hadejia Jama’are Komadugu Yobe Basin-Trust Fund. The...
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