Buhari Signs 8.9 Trillion Naira Budget
27/05/2019Nigeria’s President, Muhammadu Buhari, has signed an 8.9 trillion naira ($29 billion) budget for 2019 into law on Monday. Approved by lawmakers last month, the budget is based on estimated.
- 0
Most Recent World News
Business & Economy
InBev Expects A Growth In Nigerian Investment
24/05/2019Anheuser-Busch InBev (AB InBev), the world’s largest beer maker, expects the total investment in its new brewery at Sagamu in Nigeria, to be up to $400 million, Chief Executive Carlos.
- 0
Business & Economy
Collymore To Stay Put At Safaricom
24/05/2019Kenya’s biggest telecoms operator, Safaricom, has announced that its chief executive, Bob Collymore, will stay on in his role for an extra year. “I’m here until the year 2020,” Collymore.
- 0
Business & Economy
BP Nears Completion Of Sale Of Its Oil Asset
24/05/2019Oil giant BP is on the verge of completing the sale of its stake in a major Egyptian oil and gas company to Dubai-based Dragon Oil for over $600 million,.
- 0
Business & Economy
SA’s MPR Kept At 6.75%
24/05/2019South Africa’s reserve bank kept its benchmark repo rate unchanged at 6.75 % on Thursday, saying while the medium-term inflation forecast had moderated, economic growth was set to contract in.
- 0
Business & Economy
Morocco’s CPI Drops By 2%
23/05/2019Morocco’s consumer price index dropped 0.2 percent in April from a year earlier, after falling 0.1 percent year-on-year the previous month, the high commission for planning said on Wednesday. Food.
- 0
Business & Economy
Zambia Central Bank To Raise Lending Rate
23/05/2019Zambia’s central bank has raised the benchmark lending rate to 10.25% from 9.75% to counter inflationary pressure and support macroeconomic stability, its central bank governor Denny Kalyalya said on Wednesday..
- 0
Business & Economy
Congo Votes To Restructure Its Chinese Debt
22/05/2019Congo Republic’s senate on Monday voted to restructure some of its debt with China, a move that the International Monetary Fund has said was necessary to unlock financial support, the.
- 0
Business & Economy
Mylan NV Exercises Option Right On Aspen
20/05/2019Aspen Pharmacare said on Monday that Mylan NV had exercised an option to buy Aspen’s portfolio of prescription and over-the-counter products in Australia for 188 million Australian dollars ($130 million)..
- 0
Business & Economy
Zimbabwe Secures $500 Million Currency-easing Loan
20/05/2019Zimbabwe’s central bank has secured a $500 million loan from unspecified international banks to support inter-bank currency trading from Monday and ease a dollar crunch that has brought fuel and.
- 0
