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Algeria
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Nigeria’s SEC Working with CBN to Lift Crypto Trading Ban
He stated that the exchange commission had halted the implementation of cryptocurrency assets guidelines due to a lack of access to Nigerian Deposit Money Bank accounts.
Main Oil Producing Countries in Africa
This article highlights the top oil-producing countries in Africa. NIGERIA: Nigeria holds the top spot on the leading…
Nigeria’s Inflation Rate Soars to 18.17% in March 2021
This is an indication of the dwindling purchasing power of Nigerians as it implies that Nigerians spent more on purchasing goods and services in the month of March, compared to February.
Super Eagles Captain Ahmed Musa Rejoins Kano Pillars
Super Eagles captain, Ahmed Musa has rejoined his former team, Kano Pillars till the end of the season.…
Solar Home Systems Startup Baobab+ Secures €4 Million Expansion Fund
The startup which is operational in West Africa and Madagascar secured funding from the Energy Entrepreneurs Growth Fund (EEGF), which is managed by Triple Jump, and the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI-OGEF), which is managed by the LHGP Asset Management.
East African Banks Ease Loan Payment to Aid Affected Customers
Top East African banks increased provisions for bad debts by over $736 million in 2020 to reduce exposure on household and business loans in the countries ravaged by the Covid-19 pandemic, affecting impacting profitability and returns to shareholders.
East Africa Goes Borrowing to Cushion Covid-19 Impact
The East African countries look to borrow more than $750 million in syndicated loans to cushion the economic impact of the Coronavirus pandemic as Kenya, Uganda, South Sudan, and Tanzania have all been seeking either syndicated loans or special drawing rights from the International Monetary Fund (IMF), as they seek to revive economies experiencing the pandemic-induced shocks.
Kenya -U.S. Trade Talks Under Review as Biden “Builds Back Better”
This means that the start of the trade talks could be delayed and the objectives of the bilateral pact revisited to recognize President Biden’s agenda with some of the aims of the negotiations set by the Trump administration likely to be changed.
Skyhigh Debts: Nigeria Goes After Defaulters
The Nigerian government is set to recover more bad loans. About N5.2 trillion debt owed Africa’s largest economy…
Former Nigerian Beauty Queen Shot Dead in Philadelphia
A Former Nigerian Beauty queen and doctoral student, Najeebat Sule has been shot dead in Philadelphia while sitting…