Investors stake N7b in three banks’ shares
10/09/2018Trading in the shares of United Bank for Africa (UBA), Guaranty Trust Bank (GTBank) and Stanbic IBTC Bank Plc, accounted for N7 billion deals, at the end of last week’s.
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Business & Economy
AIICO gets approval to cover agric business
10/09/2018The National Insurance Commission (NAICOM) has given its approval to AIICO Insurance Plc to underwrite agricultural business in the country. The company said it is taking strategic position to be.
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Africa
President Ramaphosa to Open Telecom World Conference in Durban
10/09/2018President Cyril Ramaphosa will tomorrow, Monday, 10 September 2018, open the International Telecommunication Union (ITU) Telecom World Conference 2018 at the iNkosi Albert Luthuli Convention Centre in Durban. The conference.
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Business & Economy
ITFC to implement $3b framework agreements to support Egypt
10/09/2018The International Islamic Trade Finance Corporation (ITFC) has announced the signing of two new Agreements between ITFC & the Government of the Arab Republic of Egypt represented by the Egyptian.
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Business & Economy
China’s engagement in Africa and the EU
10/09/2018The 2018 Beijing FOCAC Summit has crystallized the consensus on creating an “even stronger China-Africa community with a shared future.” The speech of Chinese President Xi Jinping at the opening.
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Business & Economy
Central Bank of Nigeria to Float N1.02trn Fresh TBs in Q4’18
10/09/2018The Central Bank of Nigeria (CBN) said it will issue fresh treasury bills (TBs) worth N1.02 trillion in the fourth quarter (Q4’18) to replace maturing TBs of the same amount.
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Business & Economy
Kenya Now Among African Countries With Highest Fuel Prices
10/09/2018Kenya has been ranked seventh among African countries with the highest fuel prices, according to Global Petrol Prices. There is a significant difference in the prices of fuel across Africa,.
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Africa
Sudan’s President Sacks Entire Cabinet in Bid to Fix Economy
10/09/2018A presidential statement late on Sunday said that the move included a cut in the number of ministries to 21 from 31, Al-Jazeera reported. “President Omar al-Bashir has informed that.
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Africa
Ethiopia welcomes return of exiled opposition leader
09/09/2018Streets in Addis Ababa are decorated with flags (pre-1995 Green, Yellow, Red tricolor with no star in it) to welcome the leader of an opposition party, which recently laid down.
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Business & Economy
IFAD to invest $53m in Rwanda’s agricultural sector
09/09/2018The International Fund for Agriculture Development (IFAD) will grow its investment in support to Rwanda’s agriculture to about $53 million in 2019-2021 from about $45 million in the 2016 –.
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