Category: Business
Benin petrol prices soar as Nigeria moves to end subsidy
Petrol prices have almost doubled in Benin after it was announced that fuel subsidies would be scrapped in next-door Nigeria.Nigeria is one of Africa’s oil giants and subsidised petroleum products are routinely smuggled into Benin, where they’re mostly…
STEG’s Customer debts up to TND 3,199 million end of April 2023
The debts of the Tunisian Company of Electricity and Gas (STEG) with its customers reached at the end of April 2023, nearly TND 3,199 million, against TND 2,937 million at the end of 2022.These accumulated debts account for around 44% of STEG’s turnov…
BCT: net result rises 58.5% in 2022 (annual report) [Upd 1]
The Central Bank of Tunisia (French: BCT)’s statement of income for 2022 showed net profit of TND 715.2 million againstTND 451.2 million in 2021, that is a 58.5% rise, it emerged from an annual report released Thursday.This includes the special reserv…
ARP discuss bill on US$500-million loan agreement from Afreximbank
The Assembly of People’s Representatives (ARP) kicked off on Thursday morning works of the first plenary session since the formation of committees, to discuss a bill on the approval of a loan agreement from the African Export-Import Bank (Afreximbank)…