Government

Nigeria’s central bank holds interest rate meeting April 3-4

Nigeria’s central bank plans to hold its next interest rate meeting April 3-4, a spokesman said on Monday, contingent on…

Central bank issues regulation for payment of bills in Nigeria

The Central Bank of Nigeria (CBN), in an effort to promote sound financial, efficient and effective payments system in the…

Egypt debt to UAE oil company drops to $228m

Egypt has paid $164 million to the UAE-based Dana Gas reducing its debt to the company to $228 million, a…

UK offers initiative for holistic approach to infrastructure devt in Africa

UK has indicated that it would increase its efforts to work closer with African governments and private sector on infrastructure…

Nigeria’s crude account held $2.32bn as of Jan 15

Nigeria’s excess crude account stood at $2.317 billion as of Jan. 15, a state governor said on Thursday. The figure…

New Zimbabwe government seeks to sell stakes in state-owned companies

Zimbabwe has invited bids for stakes in up to eight loss-making state-owned enterprises, including its national airline and power utility,…