BUSINESS | ANG - Part 7
  • March 28, 2024

Four persons sentenced to death in Tunisia for a 2013 assassination of a politician

A Tunisian court sentenced four people to death and two to life in prison on charges stemming from the murder of a left-wing politician, a public prosecutor said Wednesday. Chokri Belaid, …

Central bank of Nigeria raises interest rates to combat soaring inflation

Nigeria’s central bank implemented a significant increase in its monetary policy rate, raising it by 200 basis points to 24.75% from the previous 22.75%, according to Governor Olayemi Cardoso on Tuesday. …

Nigerian parents reunites with their children who were in captivity

Parents of more than 130 Nigerian schoolchildren who were rescued after more than two weeks in captivity said they saw them on Wednesday and that they couldn’t hold back tears of …

Marginalised Ivorians lament ‘curse’ of oil

African governments typically hail the discovery of oil and gas as a blessing, but poor villagers in southern Ivory Coast are among those who say it can also be a curse. …

Nigeria Economic Summit 2021 focuses on private sector

Panelists at this year’s Nigeria Economic Summit (NES 27) have called on the authority in the country to focus on critical sector of the economic reiterating that the private sector should …

Libya opens up to tourists

Libya is opening up to tourists. For the first time in a decade, a group of around one hundred mostly European tourists have visited the historic oasis town of Ghadames, deep …

African cinema could create 20 million jobs: UNESCO

Africa’s film industry is thriving and could create many millions of extra jobs if its potential was fully exploited, the United Nations said Tuesday. In a report, the UN cultural organisation …

House of Reps member accuses CBN of deliberately devaluing Naira

A House of Representative member, Bamidele Salam (PDP-Osun), has called on the Central Bank of Nigeria (CBN) to stop the continuous fall of the value of Naira against the dollar. Salam, …

We Have No Plans to Sell Airports –Minister

Minister of Aviation, Hadi Sirika, has said that even though the Federal Government has no money to maintain its international airports, there are no plans to sell them. Speaking during a zoom …

Total’s oil projects havoc tens of thousands in Uganda

Tens of thousands of people in Uganda and Tanzania have been hurt by human rights violations linked to Total’s oil operations in Uganda, according to two French activist groups. Amis de …

President Ramaphosa unveils $60bn plan to boost economy

South Africa will embark on a major public works and job-creation drive in response to the coronavirus crisis, President Cyril Ramaphosa said on Thursday, unveiling a plan to return Africa’s most …

Capital market operators: CIS President urges FG to jettison move to increase capital base

Amolegbe, an accomplished economist and investment analyst, sworn to the oath of office and was decorated with presidential insignia, which marked his official assumption of duties as the Institute’s 11thPresident, assured the financial