Reserve Bank of Zimbabwe Introduces New Currency ZiG Backed by Gold and Foreign Reserves
In a significant move to stabilize Zimbabwe's economy, Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu unveiled plans for the introduction of a new currency, ZiG (Zimbabwe Gold). The announcement…
Wike Sacks Integrated Facilities as Manager of International Conference Centre
The FCT minister, Nyesom Wike, has terminated, with immediate effect, the contract of Messrs Integrated Facility Management Services Ltd for the management of the International Conference Centre, Abuja. A statement…
NERC fines AEDC N200m for overcharging customers, orders refund
The Nigerian Electricity Regulatory Commission (NERC) has fined Abuja Electricity Distribution Plc (AEDC) N200 million over tariff violations after overcharging customers. In a statement on Friday, NERC said AEDC must…
AEDC Apologizes for Incorrect Charges Amid Tariff Adjustment
The Abuja Electricity Distribution Company Plc (AEDC) has issued an apology to customers affected by erroneous charges following a system glitch. The glitch occurred as a result of the reclassification…
UK Increases Skilled Worker Visa Salary Threshold to £38,700 to Cut Migration
The United Kingdom government has raised the general salary threshold for individuals arriving in the UK on a Skilled Worker visa from £26,200 to £38,700. This move, according to Home…
Shelter Afrique CEO Pledges Support for Affordable Housing in Kenya
Shelter Afrique Development Bank's Chief Executive Officer, Thierno Hann, has officially presented his credentials to Kenya's Prime Cabinet Secretary and Minister of Foreign Affairs, Mr. Musalia Mudavadi, affirming the bank's…
NiMet forecasts weather across Nigeria for Friday, Saturday, Sunday
The Nigerian Meteorological Agency (NiMet) has predicted thunderstorms and sunshine across the country. NiMet’s weather outlook released on Thursday in Abuja predicted a sunny atmosphere over the northern region throughout the forecast…
FCT: Wike appoints Tamuno MD of Abuja Investment Company
Minister of the Federal Capital Territory Nyesom Wike has approved the appointment of Ambassador (Dr) Maureen Tamuno as the new Managing Director of Abuja Investment Company Limited, AICL. A statement…
HDAN Urges Collaboration with National Assembly, Stakeholders to Amend FHA Act
The Housing Development Advocacy Network (HDAN) has issued a call to action, urging stakeholders to throw their weight behind the amendments of the Federal Housing Authority (FHA) Act which the…
Biden-Harris Administration Allocates $20 Billion to Expand Clean Energy Access and Lower Energy Costs
Today, Vice President Kamala Harris and EPA Administrator Michael Regan will announce selections for $20 billion in awards to stand up a national financing network that will fund tens of…