AFDB approves €29 million infrastructural fund for Senegal
The African Development Bank approved a total of €29 million for improvements to the road and transport network linking six Senegalese municipalities.…
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Buhari unveils SDG financing framework
The President, Major General Muhammadu Buhari (retd.) has unveiled a national template for advancing its commitment to the Sustainable Development Goals and…
PenCom workers permitted to use pension for mortgage
The National Pension Commission has started giving workers permission to use 25% of their Retirement Savings Accounts for mortgage. According to The…
Toyota shuts Russian factory over supply chain issues
Toyota announced Friday it was closing its assembly line near Saint Petersburg, in a new example of supply chain problems dogging firms…
Nigeria needs debt relief – AfDB
The President of the African Development Bank, Akinwumi Adesina has said that given the current debt situation of Nigeria, the country needs…
Choiseul holds first business forum in Africa
The African business community will head to Casablanca, Morocco, for the launch of the third edition of the Choiseul Africa Business Forum…
Climate crisis: African firms back green energy investment
Ahead of the Climate Change Conference 2022, a new campaign has been initiated to intensify African efforts to obtain global funding…
Pension remittances: 20 firms default, pay N211.5m penalty
At least 20 companies have been forced to pay approximately N211.5 million in accumulated interest charges on unremitted pensions of their employees…
Anger as customs sell seized vehicles as scrap
Auctioneers have expressed their displeasure over the manner in which the Nigeria Custom Service has allegedly sold about 6,000 impounded vehicles and…
FG loses N16tn to tax waivers – Report
The Federal Government has lost N16.76tn in revenue between 2019 and 2021 as a result of tax breaks and concessions offered to…
Lebanese rob five banks one day over frozen savings
Five Lebanese banks were stormed Friday by depositors seeking to unlock frozen savings, the latest in a string of such “heists” that…
Customs seize 80,000-litre tankers with adulterated diesel
Officials of the Nigeria Customs Service have seized two tankers filled with adulterated 80,055 litres of Automotive Gas Oil, popularly called diesel,…