Month: February 2020
The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered (SC.com) Tanzania for a US$ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway (SGR) ...
The Nigeria Extractive Industries Transparency Initiative (NEITI), said in Abuja on Thursday that the Federal, States, Local Governments and other statutory recipients by the Federation Accounts and Allocation Committee (FAAC), shared N8.15 trillion in 2019. ...
The African Development Bank (AfDB) has clarified the debts incured by Africa. SEE ALSO: https://www.businesstimesng.com/gigm-past-glory-commuters-lament/ AfDB made this known in a statement by its Communication and External Relations Department on Thursday. It explained that the World ...
The Federal Inland Revenue Service (FIRS) says non-discretionary tax waiver grants, illicit financial flows abroad and high overhead costs are responsible for not meeting revenue targets in recent times. SEE ALSO: https://www.businesstimesng.com/vat-exemption-basic-goods-boost-economy/ The service made this ...
The United States government has put the losses incurred by victims of cybercrime in the country in 2019 at more than $3.5 billion. READ ALSO: https://www.businesstimesng.com/fcmb-bank-uk-limited-launches-personal-and-business-banking-proposition-to-deepen-inclusiveness/ The U.S Federal Bureau of Investigation (FBI) said in a statement ...
Access Bank Plc has vehemently denied reports that its Group Managing Director, GMD, Herbert Wigwe has been arrested by the Economic and Financial Crimes Commission (EFCC) over allegations of fraud. Some online news sites had ...
Global demand for oil will see its slowest growth since 2011 on account of the spread of the deadly Coronavirus or Covid-19, the International Energy Agency, IEA has said. SEE ALSO: The forecast is bound ...
Nigeria’s central bank has enough firepower to stave off a devaluation of the naira until at least next year, even as one of the world’s most stable currencies comes under pressure with oil prices tumbling ...
Nigeria ranks low as an e-commerce nation, with average revenue per user (ARPU) going towards consumers sitting at around $44 a month, according to a report by Hootsuit. READ ALSO: https://www.businesstimesng.com/financial-expert-collapsed-business-cit/ The country lags behind South ...
The safety and privacy of children while surfing the internet got a boost in Nigeria this week, when Google announced the launch of a $1 million grant to organizations in Africa that engage in ensuring ...
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