The Nigerian Senate on Wednesday passed for second reading a bill to amend the allocation of revenues which accrued to the federation account to include the Nigeria Sovereign Investment Authority

By Abel Ejikeme Nigerian Govt. Approves $34bn 2021 BudgetNigeria’s Federal Executive Council (FEC) has approved a proposed N13.08 trillion (about $34bn) aggregate expenditure cost for the 2021 fiscal year. The

South Africa has lifted the ban imposed on air travel from African countries. President of South Africa, Cyril Ramaphosa said the ban was lifted to facilitate free movement of people,

Lillian Jijingi Access Bank Plc says it has received the Central Bank of Nigeria’s Approval-in-Principle to restructure its operations into a holding company (HoldCo) banking model. Nigeria’s biggest bank by

After more than three decades delay, Nigeria’s President Muhammadu Buhari on Tuesday inaugurated the 326 Kilometre Itakpe-Ajaokuta-Warri rail line for commercial operation as well as the ancillary facilities yard, at

Deji Elumoye President Muhammadu Buhari has transmitted the Petroleum Industry Bill (PIB) to the Senate for approval. He is also seeking the approval of the upper legislative chamber for the

The African Export-Import Bank (Afreximbank) on Tuesday announced a $100 million financing to enable its member states procure COVID-19 related medical resources through the Africa Medical Supplies Platform (AMSP). The

Lillian Jijingi   Figures just released by Statistics South Africa shows the jobless rate in Africa’s most industrialized nation fell to 23.3% from 30.1% in the second quarter of this

A London Commercial Court Tuesday ordered the release of the $200million guarantee put in place as security for the stay of execution granted Nigeria for the appeal filed against the

Abel Ejikeme Nigerian Senate President Ahmad Lawan says the country’s President Muhammadu Buhari will present the 2021 budget next week before a joint session of the National Assembly. The Senate

Ghana’s Monetary Policy Committee made no changes to it’s benchmark interest rate. Policy rate remains high at about 14.5 per cent. At a press briefing, Governor of the Bank of

Abel EjIkeme The Independent Corrupt Practices and Other Related Offences Commission (ICPC), says it has uncovered corrupt practices in the federal government’s school feeding program, where N2.67 billion payment made

Abel Ejikeme Heads of State and Government of the Economic Community of West African States (ECOWAS), at the behest of their Chairman, President Nana Akufo-Addo of Ghana, may confer again

Abel Ejikeme The National Assembly has said it will only pass the Petroleum Industry Bill if details of the document are clearly understood. President of the Senate, Ahmad Lawan, stated

By John Shiklam The outgoing Nigerian Ambassador to Liberia, Mr. James Dimka, has said the relationship between Nigeria and Liberia has culminated in regional and sub-regional cooperation. He commended the

Abel Ejikeme A Nigerian Court has awarded the sum of N50 million as damages against a federal lawmaker, Senator Elisha Abbo for his violent assault of Osimibibra Warmate in a

Abel Ejikeme A joint meeting of the leadership of the National Assembly will be meeting on Monday with the minister of state for petroleum, Timipre Sylva, the Group Managing Director

Mali’s transitional president appointed former minister of foreign affairs, Moctar Ouane, as the West African nation’s prime minister on Sunday, a few days after being sworn into office. The appointment

Abel Ejikeme Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC), has hailed the decision of leaders of organised labour to suspend their planned protest, and described the act

The Chairman of the National Campaign Council of the All Progressives Congress (APC) for Ondo State governorship election and Governor of Lagos State, Mr. Babajide Sanwo-Olu, sunday in Akure, the