Business
Ghanaian President Approves Visa-Free Entry for All African Nationals
President Nana Addo Dankwa Akufo-Addo of Ghana has approved a policy granting visa-free entry to all African nationals, fulfilling a key promise made earlier this year.
This policy, set to take effect before January 6th, 2025, positions Ghana alongside countries like Rwanda, Seychelles, The Gambia, and Benin in offering visa-free access to African passport holders.
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NNPCL, Kyari Deny Bias in Niger Delta Contract
The Nigerian National Petroleum Company Limited (NNPCL) and its former Group Chief Executive Officer, Mele Kyari, have pushed back against claims that they improperly awarded a pipeline surveillance contract in the Niger Delta to Tantita Security Services Limited. The allegations were brought before the Federal High Court in Abuja by the Incorporated Trustees of the…
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GTBank Begins Deducting N6.98 USSD Fee from Airtime Balances
Guaranty Trust Bank has commenced a new billing structure for its USSD banking services, with transaction fees of ₦6.98 now being deducted directly from customers’ mobile airtime balances instead of their bank accounts. In a notice to customers, the bank announced the implementation of the change effective June 18, 2025. The shift follows a broader…
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FCMB Assures Dividend Stability Amid CBN Directive
FCMB Group Plc has reaffirmed its commitment to maintaining dividend payouts to shareholders in 2025 and beyond, despite recent regulatory changes from the Central Bank of Nigeria (CBN) targeting banks with outstanding credit exposures under forbearance. In a statement issued by Company Secretary, Funmi Adedibu, the group explained that its diverse revenue base—drawn significantly from…
The initiative aims to foster greater economic integration and ease the movement of people, goods, and services across the continent.
It is aligned with the goals of the African Continental Free Trade Area (AfCFTA) to promote intra-African trade and economic cooperation.