News

Egypt : Google drives estimated LE 11.2B to Egyptian economy in 2021
  • 25 May 2022
  • News

CAIRO - 24 May 2022: Google directed an estimated LE 11.2 billion in economic activity in Egypt in 2021, according to the Google Impact Report. The Google Impact Report, which Google announced it...

Egypt's Sovereign Fund: 21 projects in 6 sectors under study for investment in 2022
  • 25 May 2022
  • News

CAIRO - 24 May 2022: The Sovereign Fund of Egypt is currently studying 21 projects for investment in 2022 in 6 different sectors: telecommunications, utilities and infrastructure, and health services....

Egypt’s gov. seeks to lure further investments to tourism industry
  • 25 May 2022
  • News

CAIRO – 24 May 2022: Prime Minister Mostafa Madbouli said the State seeks to lure further local and foreign investments to different areas, notably the tourism industry, which yields high returns in f...

Egypt : Wheat stock enough for nearly 4 months: Egypt's supply minister
  • 25 May 2022
  • News

Minister of Supply and Internal Trade Ali Moselhi said that the country’s strategic stock of wheat is sufficient for nearly four months.In TV statements on Monday evening, Moselhi added that about 2.7...

Egypt committed to cooperating with world countries to achieve One Health approach: Minister
  • 25 May 2022
  • News

Minister of Higher Education and Scientific Research and Acting Minister of Health Khaled Abdel Ghaffar said on Tuesday that Egypt reiterates its full commitment, as an effective World Health Organiza...

Nigeria : FG targets 90% capacity performance from rehabilitated refineries
  • 25 May 2022
  • News

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has stated that about 400,000bpd is expected from the rehabilitation of NNPC refineries in Port Harcou...

Nigeria : FIRS explains Nigeria’s rejection of OECD tax agreement
  • 25 May 2022
  • News

The Federal Inland Revenue Service (FIRS) has stated that Nigeria refused to endorse the Organization for Economic Cooperation and Development (OECD) Minimum Corporate Tax Agreement because it does no...

Nigeria : NGX reopens bearish as profit-taking drags indices by N37bn
  • 25 May 2022
  • News

The Nigerian Exchange Limited (NGX) reopened on a downward note yesterday, as profit-taking in Presco and 23 stocks dragged capitalisation by N37 billion.The All Share Index (ASI) decreased by 68.45 a...

‘Nigeria may lose out on $210 billion global bunkering industry’
  • 25 May 2022
  • News

The president of Bunker Traders Association of Nigeria, Sola Adewumi, has stated that Nigeria may lose out on the global bunkering industry estimated to hit $210 billion by 2027 if foreigners keep dom...

Nigeria : Lingering forex crisis undermining stock market growth, say experts
  • 25 May 2022
  • News

Experts have renewed calls to the Federal Government (FG) to adopt a policy that would help tackle the prolonged volatility in the nation’s foreign exchange (forex) market to spur stock market investm...

South Africa : Good news for future Covid waves in South Africa
  • 24 May 2022
  • News

The outlook for the remainder of the 2022 financial year largely depends on the evolution of the Covid-19 pandemic and the various potential scenarios that may emerge, says hospital group Netcare.Howe...

Nigeria : Dangote tasks sub-nationals on enabling environment to boost investment
  • 24 May 2022
  • News

President of the Dangote Group, Aliko Dangote has urged state governments to prioritise the creation of an enabling environment to attract more private sector investment.The business mogul, who spoke...

Nigeria : ‘How to mitigate fraud in digital payments system’
  • 24 May 2022
  • News

Experts and stakeholders in Nigeria’s payment industry have called for concerted efforts to mitigate the growing menace of digital frauds.They submitted that cyber fraud has been evolving, with attack...

Nigeria : Mitigating scourge of climate change on agricultural productivity
  • 24 May 2022
  • News

From the array of challenges confronting farmers in the country, climate change appears to be the grievous, constituting threat to her food security plan.According to the report of the United Nation’s...

Nigeria : Zenith Bank, 10 others post N262 billion net profit in Q1
  • 24 May 2022
  • News

Zenith Bank Plc and 10 others have posted a cumulative net profit of N261.991 billion for the first quarter (Q1) ended March 31, 2022.The other banks are Guaranty Trust Holding Company (GTCO), Access...

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