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African News

Mali appoints ex-defence minister as transition leader

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Mali’s military junta announced the leaders of a new transition government in the Sahel state on Monday, which will retain strong army links despite international...
Tech

TikTok owner seeking $60 billion valuation in US deal

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China’s ByteDance Ltd. is seeking a valuation of $60 billion for TikTok as Oracle Corp. and Walmart Inc. take stakes in the short-video app’s business...
African News

Egypt tries plasma treatment to fight pandemic

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Mohamed Fathi, an Egyptian man who has recovered from Covid-19, winced as he watched tubes running down his arm to donate blood plasma, but insisted:...
Business Finance

Central bank resumes sales of foreign exchange to licensed BDC operators

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The Central Bank of Nigeria (CBN) says it has commenced the sales of foreign exchange to the Bureau De Change (BDC) operators in the country....
Business

Central bank, bankers’ committee to support airlines, media with special facilities

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The Central Bank of Nigeria (CBN) and the Bankers’ Committee have unanimously agreed to extend special facilities to Nigerian-registered airlines and the media industry in...
Business Finance Insurance

NAICOM releases guidelines of minimum paid-up share capital for insurance companies

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File Photo The National Insurance Commission (NAICOM) on Tuesday released guidelines for the payment of Minimum Paid-up Share Capital by insurance and re-insurance companies in...
African News

Africa records over a million confirmed coronavirus cases

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The Africa Centre for Disease Control and Prevention (Africa CDC) on Wednesday revealed the number of confirmed COVID-19 cases in Africa surged to 1,064,546 as...
Business

Nigeria convicts first pirates under new maritime law

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Reuters A Nigerian court made the first convictions under a new anti-piracy law, giving hope to the world’s shipping fleets that legal reforms will help...
Business

Aviation stakeholders want ground handling coys to consider price adjustments

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Stakeholders in the aviation industry have urged the ground handling services to consider price adjustment instead of price increase, in order to survive the effects...
Business

Former CBN director urges government to intensify efforts to strengthen nation’s economy

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Dr Titus Okunrounmu, a former Director, Budgetary Department of the Central Bank of Nigeria (CBN) has called on the Federal Government to redouble efforts in...