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China records first COVID-19 death in 9 months
China reported its first death from the coronavirus in nine months, as a new flareup in the country spreads to more regions ahead of the Chinese New Year holidays. The country recorded 124 new local infections Thursday, the highest since March. Among those, 81 were...
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Access Bank slashes staff salaries to avert job losses as COVID-19 slows economy
Access Bank Plc plans to cut salaries to avoid job losses as a lockdown to contain the coronavirus hampers the operations of Nigeria’s biggest lender, according to people with direct knowledge of the matter. The reductions are expected to start from May unless business condi...
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Central Bank of Nigeria raises agric credit scheme fund to N50bn
The Central Bank of Nigeria disclosed this in a document on Monday entitled ‘Agricultural Credit Guarantee Scheme Fund (Amendment) Act 2019. It stated that the ACGSF Amendment Act was assented to by the Federal Government on June 24, 2019. According to the document, complete...
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NewsWire Opinion: Fake News and the Irresponsibility of Nigerian Elites
With the rapid and continued infamy of fake news becoming a global pandemic, we must have yet another look at what this scourge holds for our society. In recent times, we have seen how peddled lies have been used as tools to stir up people to violence and violent acts. Most ...
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Online betting firms continue to flourish in Nigeria
Online sports betting is booming in soccer-mad Nigeria largely thanks to payment systems developed by homegrown technology firms that are starting to make online businesses more viable. For years, mobile payments failed to take off in Nigeria as they have in countries such a...
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Chude Jideonwo, Adebola Williams unveil cover for new book, ‘How to Win Elections in Africa...
RED co-founders, Chude Jideonwo and Adebola Williams yesterday unveiled the cover for their forthcoming book – ‘How to Win Elections in Africa: Parallels with Donald Trump’. Scheduled for release in November, the book chronicles the ideas and ideals imperative for Africans a...
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With the rapid and continued infamy of fake news becoming a global pandemic, we must have yet another look at what this scourge holds for our society. In recent times, we have seen how peddled lies have been used as tools to stir up people to violence and violent acts. Most ...
![]({"full":{"0":"2017\/07\/Emefiele.jpg","1":"690","2":"450","3":false,"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/07\/Emefiele.jpg"}})
The Central Bank of Nigeria disclosed this in a document on Monday entitled ‘Agricultural Credit Guarantee Scheme Fund (Amendment) Act 2019. It stated that the ACGSF Amendment Act was assented to by the Federal Government on June 24, 2019. According to the document, complete...
![]({"full":{"0":"2020\/06\/VBS-Mutual-Bank.jpg","1":800,"2":450,"3":false,"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2020\/06\/VBS-Mutual-Bank.jpg"}})
South African authorities have apprehended eight people suspected of illegally siphoning 2.3 billion rand ($133.87 million) from small lender VBS Mutual Bank, which collapsed in 2018 because of the corruption scandal. Godfrey Lebeya, head of South Africa’s Directorate ...
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Access Bank Plc plans to cut salaries to avoid job losses as a lockdown to contain the coronavirus hampers the operations of Nigeria’s biggest lender, according to people with direct knowledge of the matter. The reductions are expected to start from May unless business condi...
![]({"full":{"0":"2017\/09\/Kenya-stock-market.jpg","1":"595","2":"300","3":false,"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/09\/Kenya-stock-market.jpg"}})
Kenya’s economy grew by 5.4% in 2019, down from 6.3% the previous year, partly because of a slowdown in the agricultural, manufacturing and construction sectors, finance minister Ukur Yatani said on Tuesday. Agriculture grew by 3.6% in 2019, compared with 6% in 2018, hit by ...
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The Nigerian Ports Authority has directed all Terminal operators to extend the suspension of all applicable terminal storage fees on consignments (demurrage) for another fourteen days effective April 13, 2020. This follows the extension of the Lockdown in response to the COV...
China records first COVID-19 death in 9 months
China reported its first death from the coronavirus in nine months, as a new flareup in the country spreads to more regions ahead ...
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BREAKING: Researchers detect new COVID-19 strain unique to East Africa in Kenya
Scientists have discovered a coronavirus variant in the East African nation that is yet to be detected elsewhere in the world, the...
NewsWire Opinion: Fake News and the Irresponsibility of Nigerian Elites
With the rapid and continued infamy of fake news becoming a global pandemic, we must have yet another look at what this scourge ho...
![]({"jaw_blog-16_9-small":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/08\/Donald-Trump-170x95.jpg","width":"170"},"jaw_blog-16_9-middle":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/08\/Donald-Trump-270x152.jpg","width":"270"},"jaw_blog-16_9":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/08\/Donald-Trump-475x267.jpg","width":"475"}})
BREAKING: US House of Representatives moves to impeach President Donald Trump
House Democrats have introduced a resolution containing a single article of impeachment against Trump charging him with “incitemen...
