Africa Business News

Africa Business News

By Africa Business RadioNews
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Africa Business News episodes

  • Sudan Expels Chadian Diplomats in Retaliatory Move
    Sudan's foreign affairs ministry has ordered three Chadian diplomats to leave the country within 72 hours, in retaliation for a similar move by Chad.
    Chad's government had earlier declared four Sudanese diplomats attached to Sudan's embassy in N'Djamena as "persona non grata" and ordered their exit from the country within 72 hours.
    The spokesperson of Chad's government says the recurrence of such statements by Sudanese authorities with regards to Chad and its government is simply not acceptable, hostile, and masks a hidden agenda.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
    1 min
  • 99.9% Households in Nigeria Yet to Receive FG’s Cash Transfer
    The World Bank has reported that approximately 99.9% of targeted poor and vulnerable households are yet to receive the Federal Government’s recently announced N25,000 per month cash handout.
    Data from the World Bank’s Lead Economist for Nigeria, Alex Sienaert, was presented in Abuja during the Nigeria Development Update, December 2023 edition.
    The Federal Government intends to provide cash transfers to low-income households, paying N25,000 per month for three months, according to his presentation material.
    President Bola Tinubu introduced the Conditional Cash Transfer Program on October 17, 2023, with funding support of $800 million from the World Bank.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
    2 min
  • 99.9% Households in Nigeria Yet to Receive FG’s Cash Transfer
    The World Bank has reported that approximately 99.9% of targeted poor and vulnerable households are yet to receive the Federal Government’s recently announced N25,000 per month cash handout.
    Data from the World Bank’s Lead Economist for Nigeria, Alex Sienaert, was presented in Abuja during the Nigeria Development Update, December 2023 edition.
    The Federal Government intends to provide cash transfers to low-income households, paying N25,000 per month for three months, according to his presentation material.
    President Bola Tinubu introduced the Conditional Cash Transfer Program on October 17, 2023, with funding support of $800 million from the World Bank.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
    2 min
  • 99.9% Households in Nigeria Yet to Receive FG’s Cash Transfer
    The World Bank has reported that approximately 99.9% of targeted poor and vulnerable households are yet to receive the Federal Government’s recently announced N25,000 per month cash handout.
    Data from the World Bank’s Lead Economist for Nigeria, Alex Sienaert, was presented in Abuja during the Nigeria Development Update, December 2023 edition.
    The Federal Government intends to provide cash transfers to low-income households, paying N25,000 per month for three months, according to his presentation material.
    President Bola Tinubu introduced the Conditional Cash Transfer Program on October 17, 2023, with funding support of $800 million from the World Bank.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
    2 min
  • Centralized Payment Platform to Reduce Ghost Workers in Nigeria
    The National Association of Academic Technologists has expressed reservation over the removal of Federal Universities, Polytechnics and Colleges of Education from the Integrated Personnel Payment System.
    The Minister of Education, Prof. Tahir Mamman, says FEC observed that Vice Chancellors of Universities didn’t need to abandon their work to come to Abuja to process the salaries of their personnel.
    NAAT says by the government’s recent action, university autonomy will be restored.
    It, however, expressed reservations on “payment uniformity of salaries and allowances across federal tertiary institutions as it was achieved under IPPIS despite its shortcomings.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
    2 min
  • Centralized Payment Platform to Reduce Ghost Workers in Nigeria
    The National Association of Academic Technologists has expressed reservation over the removal of Federal Universities, Polytechnics and Colleges of Education from the Integrated Personnel Payment System.
    The Minister of Education, Prof. Tahir Mamman, says FEC observed that Vice Chancellors of Universities didn’t need to abandon their work to come to Abuja to process the salaries of their personnel.
    NAAT says by the government’s recent action, university autonomy will be restored.
    It, however, expressed reservations on “payment uniformity of salaries and allowances across federal tertiary institutions as it was achieved under IPPIS despite its shortcomings.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
    2 min
  • Centralized Payment Platform to Reduce Ghost Workers in Nigeria
    The National Association of Academic Technologists has expressed reservation over the removal of Federal Universities, Polytechnics and Colleges of Education from the Integrated Personnel Payment System.
    The Minister of Education, Prof. Tahir Mamman, says FEC observed that Vice Chancellors of Universities didn’t need to abandon their work to come to Abuja to process the salaries of their personnel.
    NAAT says by the government’s recent action, university autonomy will be restored.
    It, however, expressed reservations on “payment uniformity of salaries and allowances across federal tertiary institutions as it was achieved under IPPIS despite its shortcomings.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
    2 min
  • Italy Withdraws from China's Belt and Road Plan
    The Chinese government has lashed out at the smearing of its Belt and Road Initiative after its only major Western partner pulled out of the infrastructure project.
    Italy was the first Group of Seven nation to take part in China’s ambitious global plan but notified Bejing it would withdraw in 2024.
    China’s Ministry of Foreign Affairs issued a statement opposing the smearing and undermining of cooperation on the joint construction of the Belt and Road.
    Ministry spokesperson Wang Wenbin says Beijing is also opposed to confrontation and division among camps that causes separation.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
    1 min
  • Italy Withdraws from China's Belt and Road Plan
    The Chinese government has lashed out at the smearing of its Belt and Road Initiative after its only major Western partner pulled out of the infrastructure project.
    Italy was the first Group of Seven nation to take part in China’s ambitious global plan but notified Bejing it would withdraw in 2024.
    China’s Ministry of Foreign Affairs issued a statement opposing the smearing and undermining of cooperation on the joint construction of the Belt and Road.
    Ministry spokesperson Wang Wenbin says Beijing is also opposed to confrontation and division among camps that causes separation.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
    1 min
  • Italy Withdraws from China's Belt and Road Plan
    The Chinese government has lashed out at the smearing of its Belt and Road Initiative after its only major Western partner pulled out of the infrastructure project.
    Italy was the first Group of Seven nation to take part in China’s ambitious global plan but notified Bejing it would withdraw in 2024.
    China’s Ministry of Foreign Affairs issued a statement opposing the smearing and undermining of cooperation on the joint construction of the Belt and Road.
    Ministry spokesperson Wang Wenbin says Beijing is also opposed to confrontation and division among camps that causes separation.

    Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.
    1 min

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Daily news insights and analysis of the African business Landscape, covering from emerging startups to macroeconomics from across the 55 African Union member states com.