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Friday, 7th August, 2020
 Business News:
Nigeria: (Aug 05, 2020) - The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members to sell the Premium Moto Spirit, PMS, also known as petrol for N150 per litre in Kano State. The...
Nigeria: (Aug 05, 2020) - Bristow Helicopters has announced the sack of over 100 pilots and engineers in its employ. In a statement released on Tuesday August 4, the company said the workers were layed off...
Nigeria: (Aug 04, 2020) - Virgin Atlantic Airway has filed for bankruptcy, as the aviation industry continues to be ravaged by the coronavirus pandemic. The Virgin Group airline filed for Chapter 15 bankruptcy...
Nigeria: (Aug 03, 2020) - One of the leading indigenous airline in West, Air Peace has sacked over 70 pilots across its fleet types as the negative impact of COVID-19 pandemic continues to take a huge toll on...
Nigeria: (Aug 03, 2020) - ShopRite Nigeria has reacted to the story making the rounds that it intends to close shop in Nigeria.  There were stories earlier today indicating that the company had concluded...
Nigeria: (Aug 03, 2020) - Shoprite Holdings Limited says it will auction off its outlets in Nigeria, The PUNCH has learnt. This is coming about 15 years after it opened its first store in Lagos in December...
Nigeria: (Aug 03, 2020) - Nigeria, the giant of Africa economic development may receive significant boost from gold mining as gold prices hit all-time highs, with about 30 per cent price gain so far this year. As...
Tanzania: Tanzania (Aug 01, 2020) - Tanzania has banned Kenya Airways from flying into the country until further notice. The Tanzania Civil Aviation Authority (TCAA) said in a statement that is has revoked approval...
Liberia: (Jul 30, 2020) - The World Bank Board of Directors approved on Wednesday, July 29, a total of $300 million in International Development Association (IDA), credits and grants to support reforms that...
Egypt: Egypt (Jul 29, 2020) -   Egypt will inaugurate its largest textile factory in the world in September next year according to Public Enterprise Sector Minister Hisham Tawfiq The new spinning plant...
Nigeria: (Jul 29, 2020) -       Nigeria president Muhammadu Buhari and former Anambra State Governor Peter Obi were on Tuesday excited, following the clearance of African Development...
Nigeria: (Jul 28, 2020) - The coast is getting clearer for embattled African Development Bank (AfDB) President, Dr Akinwumi Adesina to get a second term as an independent panel of experts, headed by former Irish...
South Africa: South Africa (Jul 28, 2020) - The Executive Board of the International Monetary Fund (IMF) today approved South Africa’s request for emergency financial assistance of SDR 3,051.2 million (US$ 4,286.5 million...
Uganda: (Jul 23, 2020) - Ugandan sugar manufacturers are facing an existential crisis after Kenya last week banned sugar imports, opting to solve challenges facing the country’s sugar industry. The...
South Africa: (Jul 20, 2020) - The African Development Bank (AfDB) approved the recommendations of the Fourth Monitoring Report of the Independent Review Mechanism on the implementation of the Updated Management...
Cameroon: (Jul 20, 2020) - Ethiopian Airlines, Africa’s largest airline resumed its service to Duala and Yaoundé in Cameroon, with services being initially available three times a week on Tuesdays,...
Nigeria: (Jul 20, 2020) - The Chartered Insurance In­stitute of Nigeria (CIIN) will on Tuesday, July 21, inaugurate Sir Muftau Oyegunle as its 50th President and Chairman of Council of the oldest profes­sional...
Cameroon: Cameroon (Jul 18, 2020) - The World Bank approved $125 million International Development Association (IDA) credit to increase equitable access to quality general secondary education and to strengthen skills...
Kenya: (Jul 16, 2020) - No fewer than 100 Ugandan trucks carrying about 6,000 tonnes of sugarcane are stuck at the Busia border following a new ban on importation of raw sugarcane and brown sugar by Kenya. Kenya...
Nigeria: (Jul 15, 2020) - The race for who becomes the next director-general of the World Trade Organisation enters a new phase this week as eight candidates from four continents appear before WTO members to...
Nigeria: Oyo-Ibadan (Jul 14, 2020) - Retirement is the withdrawal from one’s occupation or active working life to solitude or privacy. But an anonymous quote once states that “Retirement is not the end of the...
Nigeria: (Jul 14, 2020) -   The Central Bank of Nigeria (CBN) has directed all authorised dealers to discontinue the processing of Form M for the importation of maize with immediate effect. This was...
Nigeria: (Jul 13, 2020) - The Society for Forensic Accountants and Fraud Prevention (SFAFP), a body that studies the management of funds by Government agencies, has revealed that Nigeria loses N2.5 trillion...
Nigeria: Iran (Jul 11, 2020) - Iran’s President Hassan Rouhani on Saturday called for big gatherings such as weddings and wakes to be banned to stem a rise in coronavirus infections, but insisted the country's...


 
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