CAIRO – 29 August 2018: The International Finance Cooperation (IFC) supported the Middle East and North Africa’s private sector, boost innovation, drive economic growth, and create...
Kenya surpassed its domestic borrowing target by $250 million in the first half of the year as the government sought more funds for budgetary support. The...
For the first and second quarters of 2018, the Nigerian economy experienced turbulence, which analysts have already described as similar to the period prior to recession....
The Federal Government has flagged off the rehabilitation of the 122 kilometre Mayo Belwa-Jada-Ganye-Toungo road in Adamawa which will cost N22.7 billion. Mr Babatunde Fashola, (SAN)...
In another major round of interventions, the Central Bank of Nigeria (CBN), on Thursday, August 23 and Friday, August 24, 2018, injected a total sum of...
The soaring export of North African country, Egypt, has triggered a trade surplus exceeding $2.35 billion with 19 countries, including 14 Arab and five foreign countries,...
There is one in three chance of South Africa’s economy skidding into recession this year, a Reuters poll of economists has indicated. This is against the...
The total loans granted by Nigerian banks to the private sector declined by N600.60bn, from N16 trillion in the first quarter of 2017 to N15.34 trillion,...
South African President Cyril Ramaphosa has called on the 16-member states of the Southern African Development Community (SADC) to focus on developing skills in agro-processing, mineral...
The 3rd Annual Maritime Conference holding in Lagos has unveiled that Nigeria controls 70 per cent of the economies of West and Central Africa. The conference...
The trade volume between India and Nigeria hit 12 billion dollars between April 2017 to March 2018, Indian High Commissioner to Nigeria, Nagabhushana Reddy, has said....
The multimillion dollar floating dockyard owned by the Nigerian Maritime Administration and Safety Agency (NIMASA) which arrived the country recently will save the country millions of...
INTERNATIONAL – Uganda’s central bank maintained its key interest rate at a record low as it seeks to balance rising inflation and the need to encourage economic...
The report released by the National Bureau of Statistics in March reveals that Nigeria’s Ports dropped in global ratings basically due to bad infrastructure. “Interestingly, major...
The Federal Executive Council (FEC) meeting presided over by Acting President Yemi Osinbajo has approved the deployment of the $150 World Bank facility for polio eradication...
The construction of the 650,000 barrels of crude oil per day Dangote Refinery is expected to help Nigeria save over $7.5 billion through import substitution. The...
The management of LADOL Free Zone has insisted that all charges levied in the zone are statutory, including the recently referenced one per cent charge. It...
GENEVA, Switzerland – A meeting of developing countries has resolved to create policies to bridge the digital divide, as it emerged that financial services within Nigeria’s...
Nigeria and more than 100 other nations have signed a key trade facilitation agreement (TFA) with the World Trade Organisation. According to Okechukwu E Enelamah, Nigeria’s...
Africa is falling off the immediate radar of local retailers after the region posted its slowest growth rate in two decades in 2016, and with the...
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