Nigeria's Foreign Capital Importation Fell to $1.54bn in Q2
The National Bureau of Statistics says the total value of capital importation into the country declined by 2.40 per cent to $1.54 billion in the second quarter of the year compared to $1,57 billion in...
5 Sep 202248s
Nigeria to Pay $496 Million to Settle Indian Firm's Claim Over Ajaokuta Steel
The government says the deal achieved through the alternative dispute resolution framework saves the country money as the company demanded $5.258 billion. The Nigerian government says it has agreed to...
5 Sep 202253s
Nigerian Government Clears $3.81bn Cash Call Arrears
The Federal Government, through the Nigerian National Petroleum Company Limited, has paid $3.81bn cash call arrears in joint ventures to international oil companies. Figures showed that the $3.81bn re...
5 Sep 202247s
Germany May Consider European Gas Price Cap
Berlin is willing to consider a price cap on gas citing a text message sent by Germany’s economy minister to energy ministers across Europe. Robert Habeck says that Berlin might consider capping the p...
2 Sep 20221min
Pakistan Floods Disaster To Cost More Than $10bn
Pakistan's planning minister says early estimates show the devastating floods that hit the country have caused at least $10bn of damage. Pakistan received a $1.1bn bailout from the International Monet...
2 Sep 20221min
Twitter Begins Edit Button Feature Testing
Twitter says it has begun actively testing an edit button, after months of publicly discussing such a tweak. The company says the trial of Edit Tweet will begin with internal employees, and then be ex...
2 Sep 20221min
South Africa’s Treasury Propose Bill to Tackle Money Laundering
Finance Minister Enoch Godongwana has tabled in Parliament the Anti-Money Laundering and Combating Terrorism Financing Amendment Bill while reiterating the government's commitment to nip illicit money...
2 Sep 20221min
South Africa’s Citizens Urged To Not Enforce Immigration Law
South Africa’s health minister has warned that it is not up to ordinary citizens to enforce the country's immigration law. Operation Dudula has been accused of xenophobia, but its members say foreign ...
2 Sep 20221min
