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Establishment of Special Economic Zones in DRC and Zambia

African Export-Import Bank (Afreximbank) and the United Nations Economic Commission for Africa (ECA) have signed a Framework Agreement with the Democratic Republic of Congo and the Republic of Zambia for the establishment of Special Economic Zones (SEZ) for the production of Battery Electric Vehicle (BEV) and related services. Under the terms …

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Buhari’ll stop harassment of youths with laptops – Pantami

The Minister of Communications and Digital Economy, Isa Pantami, on Wednesday, said the Digital Innovation and Entrepreneurship Council chaired by the President Muhammadu Buhari would minimise the harassment of youths carrying laptops by law enforcement agencies nationwide. Pantami disclosed this to State House correspondents after meeting the President who had …

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5% tax: Telecoms consumers threaten legal action

Telecommunication subscribers, under the aegis of the National Association of Telecoms Subscribers, have vowed  to challenge the legitimacy of the proposed five per cent excise duty on telecoms services in court. According to them, the excise duty on telecom services, which would translate to an extra five per cent consumption …

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Twitter Board Endorses Musk’s $44 Billion Deal

The board of Twitter has unanimously endorsed Elon Musk’s $44 billion acquisition deal and recommended that the company’s shareholders approve the deal. In a filing with the U.S. Securities and Exchange Commission on Tuesday, the company’s board of directors agreed that it “unanimously recommends that you vote (for) the adoption …

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