27.6 C
LAGOS, NG
Thursday, March 30, 2017

Business

Kenyan govt launches phone-based bonds

Kenya is selling its first mobile-phone-based government bonds as part of an ambitious plan to broaden the pool of investors in government securities. Finance Minister,...

Nigeria: 50% of fruits, vegetables get damaged daily- NEPC

The Nigerian Export Promotion Council has stated that 50 per cent of fruits and vegetables harvested in Nigeria get damaged on a daily basis. The...

South Africa suspends meat imports from Brazil

South Africa has suspended some meat imports from Brazil citing a scandal in the South American country’s meat processing industry, the Department of Agriculture,...

UN okays 22 mln USD loan to prevent famine in Somalia

The Food and Agriculture Organisation, FAO, is further scaling up its activities in drought affected regions of Somalia thanks to a $22 million loan...

Sonatrach to invest $50 billion in Algeria

Algeria’s state-run energy producer plans to boost crude oil output by 14 percent and invest $50 billion in exploration projects. The head of the company’s...

Dollar edges up as yields rise but Trump policy concerns cap...

The dollar edged up against the yen and euro on Friday, pulling away from recent lows, but gains were capped as investors focused on...

Egypt doubles ticket price on Cairo metro, angering commuters

Egypt doubled the price of tickets for millions of commuters on Cairo's loss-making metro on Thursday, angering residents already hit by a sharp rise...

Nigerian govt. launches 48-hour online visa application system

Nigeria has launched an online system aimed at enabling business executives to apply for a visa online and collect it on arrival 48...

Kenya sells bond over mobile phones in world first

Kenya began selling a government bond exclusively via mobile phones on Thursday, a world first aimed at expanding the pool of investors in...

Acacia says Tanzania ore export ban costing over $1 mln in...

Gold miner Acacia Mining said it was incurring an average daily loss of more than $1 million in revenue at its two mines in...
Lagos, NG
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