Month: July 2020
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Business Insight
Siemens signs MoU with HELIOZ to provide safe drinking water in Sudan
Siemens has signed a Memorandum of Understanding with HELIOZ, a Social Enterprise company that is active in the field of…
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Business Insight
Nigeria inaugurates committee on alternative fuel for vehicles
The Federal Government has inaugurated an Autogas and Natural Gas Vehicles Committee with the aim to drive the adoption of…
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Business Insight
CEO, Genesis Energy Group, others join African Energy Transition Committee
As the Covid-19 pandemic is set to accelerate the global energy transition, the African Energy Chamber is appointing an Advisory…
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Business Insight
Nigeria depletes $673.13m foreign reserves in two months
Nigeria’s foreign reserves fell by $673.13m from $36.57bn on June 1 to $35.89bn on July 28, the latest figures from…
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Business Insight
Transparency makes central banks more effective and trusted
The role and mandates of central banks have become broader and more complex since the 2008 global financial crisis. The…
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Business Insight
IMF introduces new transparency code for central banks
The executive board of the International Monetary Fund has approved the new IMF Central Bank Transparency code. It said in…
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Business Insight
FIRS extends deadline for filing annual tax returns
The Federal Inland Revenue Service (FIRS) has extended the deadline for filing of annual returns in a number of tax…
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Business Insight
FG to release N8.6bn for Phase 1 of Siemens Power project
On Wednesday, July 29, 2020, Nigeria’s Federal Executive Council (FEC) ratified President Muhammadu Buhari’s anticipatory approval for the release of…
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Business Insight
NNPC says alleged 48m barrels of stolen crude oil was ploy to swindle Nigeria
The Nigerian National Petroleum Corporation (NNPC) has debunked media reports that it colluded with government officials to sell 48 million barrels…
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Business Insight
AEC appoints APO Group Founder and Chairman to its Advisory Board
APO Group, the leading pan-African communications and business consultancy, has confirmed that its Founder and Chairman, Nicolas Pompigne-Mognard, has been…
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