Most Recent World News

Capital Market Operators Commend SEC

Capital 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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Currency Ban, Corrective Measure – Mnangagwa

Zimbabwe President Emmerson Mnangagwa said on Tuesday that the decision to ban the use of foreign currencies and make the interim currency the sole legal tender was needed to restore.

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Tanzania Embarks On Currency Control

Tanzania has tightened its currency controls with new regulations on foreign exchange bureaus, in what authorities say is an ongoing fight against money laundering and currency speculation. The new rules,.

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South Africa to Raise Maize Harvest Forecast

South Africa is expected to slightly raise its 2019 maize harvest forecast, as weather conditions remain favourable and yields remain unaffected by frost damage, a Reuters poll showed on Monday..

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CBN to Recapitalize Nigerian Banks

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has pledged to reposition Nigerian banks through recapitalisation during his second term. Mr Emefiele made the promise in Abuja on Monday.

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SA’s Reserve Bank To Cut Interest Rate

South Africa’s Reserve Bank will probably cut interest rates next month or in September to boost the country’s economy. A median forecast from economists, polled this week, suggests the South.

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Namibia Targets $1 Billion Worth Of Investments

Namibia is to host a two-day economic summit which is expected to attract at least $1 billion worth of investments over the next two years, the Ministry of Information and.

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Buhari Appoints Kyari, Head Of State-owned Oil Firm

Nigerian President Muhammadu Buhari has appointed a new group managing director of the Nigerian National Petroleum Corporation (NNPC), the state oil firm said on Thursday, one of his first appointments.

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No Eurobond Market For Nigeria In 2019

Nigeria has no plans to return to the Eurobond market this year after the sixth outing in November raised $2.86 billion, the head of the debt office said on Tuesday..

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NEASA Boss Charges South Africans on Economic Growth

National Employers’ Association of South Africa (Neasa) Chief Executive, Gerhard Papenfus has called on all South Africans to create the environment they envision, instead of waiting on the government to.

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