Most Recent World News

Egypt Expects to Receive $2.75Billion in Aid from IMF Next Week

    By Asma Alsharif and Eric Knecht Egypt expects to receive $2.75 billion in aid from the International Monetary Fund as early as next week; part of a $12.

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Nigeria: Our Investment in Infrastructure Will Yield Economic Growth- Osinbajo

Nigeria’s Vice-President Yemi Osinbajo, on Thursday, explained that the current administration decided to invest heavily in infrastructure because it is convinced the effort would translate into economic growth for the country..

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3 Fundamental Problems Africa Must Address to Foster Economic Growth and Development

    By  Stephen Lazi Akhere Ph.D Over a century, African Nations have strife so hard to maintain her position in global economy. But the reverse has not been favourable.

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Nigeria: President Buhari Asks Parliament to Approve Plan to Borrow $30 Bln

By Camillus Eboh Nigerian President Muhammadu Buhari has recently asked parliament to approve plans to borrow $30 billion abroad to fund infrastructure plans until 2018, according to a letter read.

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Ghana: Gov’t Approves 400 Megawatt Greenfield Bridge Power Generation Project

    Accra, Ghana – The Early Power consortium today announced that it has received parliamentary approval from the Government of Ghana and subsequently signed a 20-year power purchase agreement.

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Nigeria’s Arik Plans $1Bln Share Offer, Possible London Listing

By Chijioke Ohuocha Nigeria’s largest airline Arik Air plans to raise as much as $1 billion through a private share placement next year and then a possible initial public offering.

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Nigeria: Eliminating Waste Is a National Duty- Adeosun Says

   The Nigerian Minister of Finance, Mrs. Kemi Adeosun on Thursday disclosed that the Federal Government would soon issue a new template on approved expenses for state-owned enterprises as efforts.

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Unilever Emerges as Top Employer in Africa

   Unilever has been certified as the Top Employer in Africa for the third time in a row. For a company such as Unilever to achieve business success, it is.

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“White petroleum’’ Set to Transform Zimbabwe’s Economy

  By Barnabas Thondhlana Lithium – a previously little-known mineral so-called “white petroleum’’ that powers rechargeable devices including telephones and automobiles – is set to transform Zimbabwe’s economy following a.

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Nigerian Banks Have Strong Buffers to Weather Crisis- Central Bank

  Nigeria’s banks are facing economic challenges but have strong capital buffers to weather the crisis, a central bank official said on Wednesday following a meeting with lenders. Nigeria, Africa’s.

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