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.
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.
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.
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.
Africa’s mobile phone operator MTN Group swung to its first annual loss in two decades on Thursday, hit by a regulatory fine in Nigeria and unfavourable currency moves but.
Nigeria’s gross domestic product fell by 1.5 percent in 2016 due to lower oil revenues, the National Bureau of Statistics said on Tuesday, for its first annual.
Tunisia is likely to sell stakes in three state-owned banks this year and cut up to 10,000 public sector jobs as part of reforms demanded by the International Monetary Fund.
Nigeria’s authorities may soon devalue the naira but won’t fully relinquish control over it, instead taking steps to narrow the gap between the official and black market rates to boost.
Barclays has agreed to pay Barclays Africa nearly $1 billion to fund investments needed for it to split from its African business, paving the way for the British bank to.
Tunisia’s economic growth slowed to 1 percent in 2016 compared with 1.1 percent in the previous year, official figures showed on Tuesday. The state statistics institute said the.
