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ECOWAS to slash air fare, eliminate taxes by January 2026 Director of Transport and Telecommunications, Economic Community of West African States (ECOWAS), Chris Appiah, who spoke yesterday in Abuja, said the decision was taken after a decade of studies confirmed that West Africa has the most expensive air transport services in Africa.Appiah added that the high cost of regional flights is driven largely by both government taxes and aviation charges.“If you buy a typical ticket in West Africa from any of the airlines, you realise that about 64 |
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Mahama arrives in Abuja for 68th ECOWAS Ordinary Summit President John Dramani Mahama has arrived in Abuja, Nigeria to participate in the 68th Ordinary Summit of the ECOWAS Authority of Heads of State and Government, slated for today, Sunday, December 14. The post Mahama arrives in Abuja for 68th ECOWAS Ordinary Summit appeared first on Ghana Business |
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Asian markets drop with Wall St as tech fears revive Asian markets dropped Monday as concerns about the AI-fuelled tech rally returned to the spotlight after weak earnings from two big-name firms last week revived questions about the wisdom of the vast sums invested in the sector. Those concerns were compounded last week following disappointing earnings from sector giants Oracle and |
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IMF set to disburse $17M to Gambia The Gambia’s economic outlook remains positive, with real GDP estimated to expand by 6 percent in 2025, supported by the agriculture, construction and tourism sectors. Headline inflation has further decelerated, reaching 7 percent by end-October 2025. The outlook remains subject to significant downside risks stemming from global geopolitical developments.The authorities are committed to the objectives set out in the ECF and RSF arrangements. Combined reforms will result in stronger tax |
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Oil, gas free zones authority seeks 10-year tax exemption Nigeria’s Oil and Gas Free Zones Authority is backing a 10-year tax exemption to protect long-term investments from abrupt new tax law disruptions.Read More: |
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US crude exports to Nigeria surge 153% Nigeria’s imports of US crude oil surged by 153% in 2025, highlighting a growing reliance on foreign supply despite being a top African producer.Read More: |