Thursday, March 5, 2026
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...
Read moreDetailsEgypt 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...
Read moreDetailsUK 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...
Read moreDetailsNigeria’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...
Read moreDetailsNew 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,...
Read moreDetailsBank of Japan holds rates, damps down speculations of rate hike in near term
Haruhiko Kuroda, Bank of Japan (BoJ) chief, has damped down speculation that the central bank is preparing the ground for raising...
Read moreDetailsNigeria’s central bank to auction N1.27trn treasury bills in Q1 2018
Nigeria plans to sell N1.27 trillion worth of treasury bills in five auctions in the first quarter of 2018, according...
Read moreDetailsNigeria central govt. saves N24.7bn monthly via TSA, IPPIS/BVN implementation
President Muhammadu Buhari has said that the Federal Government has leveraged information and communication technology (ICT) as well as the...
Read moreDetailsChina’s central bank chief warns of ‘sudden, contagious, hazardous’ financial risks
China’s financial system is becoming significantly more vulnerable due to high leverage, according to central bank governor Zhou Xiaochuan, who...
Read moreDetailsOnly $2.5bn of $5.5bn foreign loan request by govt. is new borrowing, Nigerian finance minister explains
Kemi Adeosun, Nigeria’s finance minister has explained that only $2.5 billion of the recent loan request by the federal government...
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