EIB and Afreximbank earmark EUR 300m of support to African COVID-19 response

August 5, 2020 Editorial IV 0

  The European Investment Bank (EIB) and Afreximbank are into accelerated financing under Team Europe initiative with over 25 per cent of funds dedicated to women in business and climate action and Pan-African rapid response to alleviate COVID-19 impact even as the scheme is to support trade and ensure medical supplies continue. DAVID AGBA reports.Opportunities of a green recoveryThe European Investment Read More

FIRS plans stamp duty palliatives for tenants- Nami

July 27, 2020 David Agba 0

  Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, has assured tenants across the country that the Service is working on a stamp duty palliative package for them in view of the current economic realities occasioned by COVID-19.  Mr. Nami dropped this hint on Monday during a live appearance on the popular morning show, “Your View”, on TV Read More

Why Niger can’t distribute COVID-19 palliatives now – Coordinator

July 21, 2020 Aideloje Ojo 0

Niger state coordinator, Coalition of Private Sector Against COVID-19 (CACOVID), Alhaji Abdullahi Muhammad, has stated that the distribution of palliatives donated to the state were yet to be distributed because some items to complete the package for each vulnerable household were yet to be delivered.  Muhammad stated this Tuesday while inspecting some of the food items already received by the Read More

Africa to expect 11% budget deficit – Rewane

July 5, 2020 Amaka Ifeakandu 0

Managing Director of Financial Derivatives Company, Bismarck Rewane has said that Sub Sahara Africa (SSA) countries are expected to have a budget deficit increase of 11 per cent of Gross Domestic Products (GDP). Rewane who made this statement in Lagos during Lagos Business School executive breakfast session said that despite debt forgiveness and other relief packages, the countries would have Read More