Most Recent World News

Malawi’s inflation slows to 16.1 percent in February

Malawi’s consumer inflation slowed to 16.1 percent year-on-year in February from 18.2 percent in January, official data from the National Statistical Office showed on Thursday.   By Reuters

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Nigeria inflation eases for first time in 15-months in Feb: stats office

  Nigeria’s inflation rate bucked the trend in February to fall to 17.78 percent, its lowest level in 15 months, driven by a slower rise in general price levels, the.

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Artificial Short-term Naira Strength- an Unsustainable Government Palliative

By Iyke Aru Twitter: @iykearu The Nigerian Naira reflected a significant increase in strength after the country’s Central Bank, announced that it has sold $221.37 million to 16 banks through.

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WHAT WE SHOULD DO TO CREATE RESOUNDING BUZZES AROUND LOCAL BRANDS

      By Kenneth Nkemnacho/ Writer at Large These days, competition is rife amongst a large number of brands. Many homemade brands find it difficult to withstand foreign ones.

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Egypt’s Feb Annual Urban Consumer Price Inflation Hits 30-Yr High

      Egypt’s annual urban consumer price inflation soared to its highest level in more than three decades, hitting 30.2 percent in February, statistics agency CAPMAS said on Thursday..

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Etisalat Nigeria seeks to renegotiate $1.2 bln loans

Etisalat’s Nigeria affiliate is in talks with local banks to renegotiate a $1.2 billion loans it took four years ago to expand its network in Africa’s biggest economy after it.

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Nigeria aims to have market-determined exchange rates: official document

Nigeria’s central bank aims to achieve a market-determined exchange rate regime, according to an official economic plan released on Tuesday, as pressure mounts to let the naira float freely. The.

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Nigeria Trade Balance Turns Positive in Q4 as Exports Jump

      Nigeria’s trade balance turned positive in the fourth quarter of 2016 after exports rose by more than half, the national bureau of statistics said on Saturday, the.

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FG tracks assets held by MDAs, creates assets register

    The Federal Government has launched an Asset Tracking and Management Project (ATMProject), through which for the first time, the Government would be able to locate, identify, assess and.

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Czech firm invests R1.3b in manufacturing in Cape Town

  By Barnabas Thondhlana Czech company PEGAS Nonwovens will build a R1.3 manufacturing facility in Atlantis, Western Cape.   Pegas is a world-leader in nonwoven fabrics manufacturing, and this decision.

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