AfrikNews

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Gabon : le vice-président autorisé à présider un Conseil des ministres

La Cour constitutionnelle du Gabon a autorisé le vice-président à présider le Conseil des ministres. Une autorisation accordée le mercredi 14 novembre, pour permettre d’alléger la léthargie dans laquelle l’Exécutif gabonais est plongé depuis l’hospitalisation du président Ali Bongo le 24 octobre par suite d’un AVC (Accident vasculaire cérébral).

NLNG account: Senate Alleges Another $1.15bn Illegal Withdrawal

NLNG account: Senate Alleges Another $1.15bn Illegal Withdrawal   The Senate says it has uncovered illegal withdrawal of $1.15bn from the dividends accounts of the Nigerian Liquefied Natural Gas by the Nigeria National Petroleum Corporation. This is apart from the $1.05bn which the Group Managing Director of the NNPC, Maikanti Baru, had earlier admitted was […]

Niger Partners USADF in Agric-Value Chain, Others

Niger Partners USADF in Agric-Value Chain, Others Niger State Government is to partner with United States African Development Foundation(USADF) in agricultural value-chain, off-grid energy and youth-led enterprises. The agreement between Niger State Government and United States African Development Foundation was reached during high-level discussion at the headquarters of USADF in Washington, DC. Governor Sani-Bello was […]

CBN Targets N5bn Investment From Telcos For Mobile Money

CBN Targets N5bn Investment From Telcos For Mobile Money   The Central Bank of Nigeria has asked telecommunications companies that intend to deepen financial inclusion in the country through mobile money services to make a minimum capital deposit of N5bn. It was gathered that the apex bank also granted the telcos a provisional approval to […]

Electronic fraud in banking May hit N6.1trn By 2021

Electronic fraud in banking May hit N6.1trn By 2021 The Central Bank of Nigeria (CBN) has projected that electronic fraud loses in the country’s banking system would reach N6.1 trillion by 2021. CBN Director of Consumer Protection, Mr Sunday Salam-Alada, said this at a workshop for Business Editors and Finance Correspondents Association of Nigeria (FICAN) […]

Multiple Subscriptions: SEC Extends Forbearance for One Year

Multiple Subscriptions: SEC Extends Forbearance for One Year The lingering issue of multiple subscriptions and forbearance for shareholders with multiple accounts has received succor as the Securities and Exchange Commission (SEC) has again extended the forbearance period to another one year after the expiration on 31st December 2018. Acting Director General of the Commission, Mary […]

Nigeria Raises $2.86 bn to Fund Fiscal Deficits, Others

Nigeria Raises $2.86 bn to Fund Fiscal Deficits, Others The Government of Nigeria has announced that it has priced its offering of US$2.86 billion aggregate principal amount of triple series notes under its Global Medium-Term Note Programme. The offering has attracted significant interest from leading global institutional investors with a peak combined order book of […]