The Central Bank of Nigeria will be placing a limit on over-the-counter cash withdrawals made by individuals and organisations with effect from January 9, 2023. In a memo, signed by the Director of Banking Supervision Haruna Mustafa, the apex bank directed all banks and other financial institutions to ensure that over-the-counter cash withdrawals do not…
Category: African News
Burkina Faso government suspends broadcast of France’s RFI radio
Follow us on all social media, type “HICGI News Agency” By E K Benj updated at 0614 EAT on Tuesday 05-12-22 Burkina Faso’s government has suspended the broadcast of France’s RFI radio in the Sahel West African state over what it said were false reports and giving voice to militants, a statement from the government…
Thousands hold protests in the Congolese capital Kinshasa against M23 rebels
By E K Benj – Updated Tuesday 05th Dec 2022 Follow us on all social media, type “HICGI News Agency” Report by Chris Ocamringa & Halligan Agade Thousands of Congolese residents staged protests in the Congolese capital Kinshasa on Sunday against the M23 rebels who have taken control of several territories in the eastern DR…
Ghana Plans to Buy Oil with Gold Instead of U.S. Dollars
Follow us on all social media, type “HICGI News Agency” Vice President Mahamudu Bawumia has said that in order to protect the country’s fast-dwindling foreign currency reserves, Ghana wants to pay for oil with gold instead of shelling out precious U.S. dollars. The move is meant to tackle dwindling foreign currency reserves coupled with the…
Africa urged to increase funds in fight against cancer
Follow us on all social media, type “HICGI News Agency” African governments must invest funding in cancer research, awareness, prevention and treatment to curb the rising numbers of cases, resulting in a massive loss of lives. This was a clarion call during the 7th Kenya International Cancer Conference that brought together haematologists, oncologists at Kenya’s…
Nigerian students to have access to interest-free loans for higher education
Nigerian students in higher institutions of learning will be able to gain more access to financial assistance after a ‘Students Loan Bill’ was cleared by both houses of Nigeria’s Parliament. The bill, sponsored by House of Reps leader, Femi Gbajabiamila, called the Student Loan Bill, will enable students to have access to interest-free loans. Under…
DRC, Rwanda agree ceasefire at talks – Angola
An agreement has been struck which could mean the adoption of a ceasefire in the violence-torn east of DR Congo as soon as late Friday, Angola’s Foreign Minister Tete Antonio has said. The Democratic Republic of Congo’s President Felix Tshisekedi had been meeting Rwandan Foreign Minister Vincent Biruta in Luanda on Wednesday as tensions soared…
US piles pressure on Rwanda over violence in eastern DR Congo
Blinken and Rwanda’s Foreign Affairs minister engaged in private talks on the margins of the G20 Summit in Bali. US Secretary of State Antony Blinken has called on Rwanda “to take steps to facilitate de-escalation” in eastern DRC where Congolese forces are engaged in a battle with M23 rebels that are allegedly being supported by…
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