Nigeria’s Inflation Rate Drops to 12-month Lowest
16/07/2019The National Bureau of Statistics on Monday said the Consumer Price Index (CPI) which measures inflation rate dropped to 11.22 per cent in June 2019. It is the lowest inflation.
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Economy
TCN Declares $1.61 Billion Donor Fund
12/07/2019The Transmission Company of Nigeria (TCN) says it has received 1.661 billion dollars from multi-lateral donors to boost power supply in the country. Mr Usman Mohammed, the Managing Director of.
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Economy
Egypt Arrears to Foreign Companies Declines By 25%
12/07/2019Egypt’s arrears to foreign oil companies declined to $900 million at the end of June from $1.2 billion a year ago, the petroleum minister said on Thursday, adding that the.
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Economy
Egypt Annual Headline Inflation Slows to 9.4% in June
10/07/2019Egypt’s annual urban consumer price inflation eased to 9.4% in June from 14.1% in May, official statistics agency CAPMAS said on Wednesday, a sharper decline than many analysts had expected.
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Economy
Morocco Adjusts Tax Incentives
08/07/2019Morocco’s finance and business hub Casablanca Finance City (CFC) will from 2020 tax companies’ export activities the same as their local ones after pressure from the European Union to adjust.
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Economy
Nigeria to Sign AfCFTA
05/07/2019Nigeria will sign a continental free-trade deal at a extraordinary summit of the African Union this weekend, bringing the duty-free movement of goods in the region a step closer. The.
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Economy
Tanger Med Port to Become Mediterranean’s Largest
04/07/2019Morocco will open new terminals at Tanger Med port on Thursday, allowing it to surpass the Mediterranean’s largest ports Algeciras and Valencia in terms of container capacity, and drive more.
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Economy
Oil Price on The Rise As OPEC Cuts Output
02/07/2019Oil prices jumped today as traders betted OPEC would extend production cuts. Signs of a truce in U.S.-China trade tensions also helping. An end to their spat could help revive.
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Economy
SA’s FDI Increases by $825.85 in Q1
27/06/2019South Africa’s foreign direct investment swung to inflows in the first quarter from outflows in the final quarter of last year as domestic private firms received equity and debt funding.
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Economy
Capital Market Operators Commend SEC
26/06/2019Capital market operators in the Nigerian Stock Exchange have commended the newly inaugurated board of the Securities and Exchange Commission (SEC) but charged them on the appointment of a substantive.
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