S’Africa most expensive G20 nation to send money from—W’Bank
The World Bank has revealed that amongst G20 economies, South Africa remains most expensive in repatriating money from. However, at a time Nigeria and South Africa represent $700 billion; translating to about one-third of the $2.1 trillion in gross domestic…
Ecobank listed on S/Africa’s Nedbank growth strategy after $293m write-down
South African banking giant, Nedbank has announced that Ecobank Transnational Incorporation (ETI) remains vital to its expansion elsewhere on the African continent despite booking a $293 million write-down on the value of its stake in the sub-Saharan lender. Ecobank has…
Anxiety as Nigeria records twin deportations from 2 African countries in 2 days
First was the deportation of 47 Nigerians from Mali on Sunday night and this was successively followed by South Africa who deported 97 Monday evening at the wake of xenophobic attacks. Otherwise, a total of 144 Nigerians were deported from…
S/Africa’s xenophobic attacks mock latest AU stand on free movement of people, goods
The currently momentary xenophobic attacks on foreign nationals and mainly Nigerians in parts of South Africa have put on edge the recently sealed understanding by African Heads of State on free movement of persons and goods across the continent. Business…
