Nigeria, Ghana top list of markets to watch for key oil & gas projects in 2020—AEC
In its African Energy Outlook 2020 report launched recently, the African Energy Chamber (AEC) highlighted the importance of increased infrastructure capacity in Africa’s long-term industrial development. Relying on the $12 billion Dangote Refinery in Nigeria and Ghana’s Tema LNG Terminal,…
StandChart ends charges onr ATM withdrawals, transfers for customers
Leading international banking group, the Standard Chartered Bank has announced that henceforth, its customers withdrawing money from any of its Automated Teller Machines (ATM) will no longer be charged N65 no matter the number of times. The bank, which announced…
Ecobank bags ‘Bank of the Year’, ‘Best Bank’ in London awards
Africa’s continental banking conglomerate, Ecobank has won the 2019 “Bank of the Year” and “Best Bank” at The Banker and EMEA Finance Awards in London. Ecobank Cameroon, Gambia and Rwanda won Bank of the Year at The Banker Awards. This…
Lagos losing ‘grip’ as Buhari fails to renew Fowlers’ tenure at FIRS?
…As Graduate of Sociology, Nami replaces him Undercurrent politicking spree that had spanned since last week came to an unexpected end Monday as contrary to speculations that Lagos favoured candidate for reappointment as chief executive of the Federal Inland Revenue…
Nigeria leads 14 others in ECOWAS failure to meet 2020 single currency takeoff
Nigeria’s inability to meet set and agreed key economic indicators and structural adjustments ahead of the commencement of a single-currency regime for West Africa next year have been adduced as a major reason why 2020 is no more sacrosanct. Whereas…
Tie voters’ card to TIN before linking tax to operating accounts—Okpareke
Former Director General , Imo State Investment Promotion Agency (ISIPA), leading oil and gas expert and public affairs commentator, Dr Chinedu Okpareke, has called on the Federal Government to have a rethink ahead of implementing planned tieing of tax clearance…
Fears as imminent high crude oil stock may spark off drop in price
…As Senate passes 2020 budget The chances of successful implementation of emerging 2020 federal budget passed into law by the Senate on Thursday, may hang if indications from the new outlook by international observers in oil stocks and prices are…
Underhand dealings, poor shipping environment forced banks to shun shippers
Real factors that crumbled the growth of indigenous maritime businesses and ship ownership have been revealed by the United Nations. Latest report released by the United Nations Conference on Trade and Development (UNCTD) 2019, revealed that why banks dropped funding…
Ghana introduces higher banknotes to drive ease of transactions but…
Following Friday, November 29, 2019 announcement of the Governor of the Bank of Ghana (BoG), Dr Dr Ernest Yedu Addison, heralding the introduction of new GH¢100.00 and GH¢200 banknotes to complement the existing series, financial experts have started expressing mixed…
Mobile Money stakeholders’ plan all comprehensive financial inclusion
Participants at the 2019 Mobile Money (MoMo) Conference, organised by Association of Licensed Mobile Payment Operators (ALMPO), in Lagos, have stepped up the scope of their offerings to a more comprehensive basket of financial services beyond paying and receiving money….
