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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Zenith Bank Targets Exit from CBN Forbearance Regime by End of June
Zenith Bank Plc has disclosed that it will exit the regulatory forbearance framework of the Central Bank of Nigeria (CBN) by June 30, 2025. The update was contained in a corporate filing submitted to the Nigerian Exchange Limited on Wednesday. The development follows the apex bank’s recent directive restricting dividend payments, executive bonuses, and offshore…
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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…
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.