Newscast - Africa

Newscast - Africa

We bring you various leading news from across Africa, on business, economy, market, and politics. Towards A Profitable Africa.

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Nigerian Government Under Pressure To Remove Corporate Bonds Tax

Nigerian Government Under Pressure To Remove Corporate Bonds Tax

The Securities and Exchange Commission says that it is engaging with the federal government to reconsider the exemption of tax on corporate bonds and short-term securities. The Director-General of SEC...

22 Aug 202256s

International Policymakers To Dialogue on Tackling Nigeria’s Electricity Crisis

International Policymakers To Dialogue on Tackling Nigeria’s Electricity Crisis

The Minister of Power, Abubakar Aliyu would next month in Lagos host representatives of the United Nations, European Union, Economic Community of West African States as well as other policymakers, loc...

22 Aug 20221min

Nigerian Government Moves To Resolve Tariff Shortfalls In Power Sector

Nigerian Government Moves To Resolve Tariff Shortfalls In Power Sector

The Federal Government says it has started making moves to resolve tariff shortfalls in the power sector. Vice President Yemi Osinbajo says the NELMCO will enhance ongoing efforts to resolve liabilit...

22 Aug 20221min

Nigeria’s Election Results For 2023 To Be Transmitted Electronic

Nigeria’s Election Results For 2023 To Be Transmitted Electronic

The Independent National Electoral Commission says contrary to reports making the rounds, it has not discarded the electronic transmission of election results. Spokesman to the commission, Festus Oko...

22 Aug 20221min

China Imposes Sanctions On Seven Taiwan ‘Secessionist’ Officials

China Imposes Sanctions On Seven Taiwan ‘Secessionist’ Officials

China says it is blacklisting seven Taiwan officials over their alleged support for the self-ruled island’s independence.The group will be banned from entering mainland China and the territories of Ho...

19 Aug 202259s

Keir Starmer Calls For Extra Windfall Tax To Freeze Energy Bills

Keir Starmer Calls For Extra Windfall Tax To Freeze Energy Bills

Sir Keir Starmer says families would not pay a penny more on their energy bills this winter under Labour's plans to tackle rising living costs.The Labour leader claimed his proposals would save the av...

19 Aug 202258s

Russia Reopens Bond Market To Not Hostile Investors

Russia Reopens Bond Market To Not Hostile Investors

The Moscow Exchange will be partially reopened to foreign investors after a nearly six-month suspension during the Ukraine war.It says only investors from countries that are not hostile will be allowe...

19 Aug 202259s

Saudi Aramco Tops Own Record With $48.4bn Quarterly Profit

Saudi Aramco Tops Own Record With $48.4bn Quarterly Profit

Saudi oil giant Aramco has broken its own record with a $48.4bn profit for the second quarter of 2022.It is a 90% year-on-year increase and marks the biggest earnings for the world's largest energy ex...

19 Aug 202258s

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