![]({"jaw_blog-16_9-small":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/08\/Access-Bank-Plc-Banner-170x95.jpg","width":"170"},"jaw_blog-16_9-middle":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/08\/Access-Bank-Plc-Banner-270x152.jpg","width":"270"},"jaw_blog-16_9":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/08\/Access-Bank-Plc-Banner-475x267.jpg","width":"475"},"jaw_blog-16_9-big":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/08\/Access-Bank-Plc-Banner-878x494.jpg","width":"878"},"large":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/08\/Access-Bank-Plc-Banner-1024x768.jpg","width":"1024"}})
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,...
Economy
![]({"jaw_blog-16_9-small":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/09\/Kenya-stock-market-170x95.jpg","width":"170"},"jaw_blog-16_9-middle":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/09\/Kenya-stock-market-270x152.jpg","width":"270"},"jaw_blog-16_9":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/09\/Kenya-stock-market-475x267.jpg","width":"475"}})
Kenya’s economic growth slowed to 5.4% in 2019
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 constructi...
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Nigerian Ports Authority suspends demurrage as a relief measure for port users due to COVID-19
The Nigerian Ports Authority has directed all Terminal operators to extend the suspension of all applicable terminal storage fees on consignments (dem...
![]({"jaw_blog-16_9-small":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/08\/IMF-170x95.jpg","width":"170"},"jaw_blog-16_9-middle":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/08\/IMF-270x152.jpg","width":"270"},"jaw_blog-16_9":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/08\/IMF-475x267.jpg","width":"475"},"jaw_blog-16_9-big":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/08\/IMF-878x494.jpg","width":"878"}})
IMF approves immediate Debt Relief for 19 African countries, excluding Nigeria.
The International Monetary Fund has granted debt relief to 25 countries, mostly African nations excluding Nigeria. A statement by the Managing Directo...
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Nigerian Government seeks $6.9 billion from IMF, WorldBank, AfDB to fund Coronavirus fight
Nigeria has requested $6.9 billion from multilateral lenders to combat the impact of the coronavirus pandemic on Africa’s biggest economy, the finance...
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Broadband Infrastructure in Nigeria to improve as Communications Minister Pantami Woos Swedish Government
The Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami, has urged the Swedish Government to support Nigeria’s quest to ...
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“Nigerians should prepare for tough times ahead”, NNPC boss admits 50 cargoes of unsold oil
Mele Kyari, Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) on Wednesday painted a gloomy picture of tougher times...
![]({"jaw_blog-16_9-small":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/07\/Nigerian-Stock-Exchange-170x95.jpg","width":"170"},"jaw_blog-16_9-middle":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/07\/Nigerian-Stock-Exchange-270x152.jpg","width":"270"},"jaw_blog-16_9":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/07\/Nigerian-Stock-Exchange-475x267.jpg","width":"475"}})
Nigeria’s banking stocks slump 11.4% as global oil prices plunge
Nigerian banking share index slumped 11.4% on Tuesday, extending a previous day loss, triggered by a sell-off in global oil prices. The banks dragged ...
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Egypt’s headline inflation drops to 5.3% in February
Egypt’s annual urban consumer inflation fell to 5.3% in February from 7.2% in January, the official statistics agency CAPMAS said on Tuesday, boosting...
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Nigeria to cut budget in face of oil price crash
Nigeria will cut size of its budget in the face of sharp declines in the price of crude oil, the nation’s finance minister told reporters on Monday. Z...