Tag Archives: twitter

Kenya:Matatu Operators in Nairobi to Slash Fares

[Nairobi News] Matatu fares could be reduced by Sh10 following into effect of the 8% VAT on Petroleum products after President Uhuru Kenyatta signed into law the Finance Bill 2018 on Friday. Continue reading

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Nigeria:NSE Suspends Trading on Skye Bank Shares

[Vanguard] The Nigerian Stock Exchange (NSE) on Friday officially notified the investing public that Skye Bank Plc shares would be suspended from trading on Sept. 24. Continue reading

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Tanzania:Death Toll in Lake Victoria Tragedy Reaches 196

[Citizen] Dar es Salaam -The number of people who died in the Lake Victoria MV Nyerere ferry disaster has reached 196. Continue reading

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Nigeria:Rivers Overtakes Lagos as Top Investment Destination

[Vanguard] The investment profile report by the Nigeria Investment Promotion Commission (NIPC) shows that Rivers state received the largest investment in the first half of 2018. Continue reading

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Nigeria:CBN Revokes Skye Bank License

[Vanguard] The Central Bank of Nigeria (CBN) yesterday revoked the license of Skye Bank, and transferred its assets and liabilities to a newly licensed bridge bank called Polaris Bank. Continue reading

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Nigeria:Polaris Bank Takes Over as Skye Bank’s Licence Is Revoked

[This Day] The Central Bank of Nigeria (CBN) yesterday revoked the operating licence of Skye Bank Plc exactly 27 months after its intervened in the ailing bank. Continue reading

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Uganda:Mobile Money Tool for Terrorism Financing – Report

[Monitor] Kampala -The US government has in its Global Terrorism Index report warned about mobile money services in Uganda as being vulnerable to exploitation by criminals and terrorists to finance illicit activities in and out of the country. Continue reading

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Nigeria:Central Bank Revokes Skye Bank’s Licence

[Leadership] Lagos -The Central Bank of Nigeria (CBN) has revoked the licence of Skye Bank following the inability of the owners of the bank to prop up its capital. Continue reading

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Nigeria:Buhari Consoles Tanzania Over Ferry Disaster

[Daily Trust] President Muhammadu Buhari yesterday commiserated with President John Magufuli and the people of Tanzania over the tragic MV Nyerere ferry disaster in the south of Lake Victoria which claimed over 100 lives. Continue reading

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Kenya:KRA Shuts Down Alcohol Plant in Kariobangi

[Capital FM] Nairobi -The Kenya Revenue Authority (KRA) has shut down a premise at Kariobangi in Nairobi on suspicion of operating illegally as an alcoholic drinks manufacturer. Continue reading

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