Most Recent World News

U.S. to Press Nigeria on Foreign Exchange Rate Flexibility

The United States has recently said that it would press Nigeria in talks this week to adopt a more flexible foreign exchange rate to boost growth and investment in Africa’s.

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Lagos, Kebbi to Produce 70% of Nigeria’s Rice Requirements

Lagos and Kebbi State Governments have recently signed a memorandum of understanding (MoU) which they said would culminate in the production of 70 per cent of Nigeria’s rice requirements annually.

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Nigerian Parliament Approves 2016 Record Budget

Nigeria’s parliament has recently approved record spending for 2016 in a budget that gave few clues about how Africa’s top oil producer can find the money with energy prices still.

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LATVIA HAS SOMETHING FOR EVERYONE

Emmanuel Excel Ogbeide Emmanuel Excel Ogbeide is an internationally renowned and award winning speaker, visionary entrepreneur, social worker, preacher and nation builder. He is the founder and CEO of Business.

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Nigeria to Spend $1.7 Billion in Next Quarter to Revive Economy

Nigeria’s Finance Minister, Kemi Adeosun, has recently revealed that the government will pump 350 billion naira ($1.76 billion) in the next quarter, in order to revive the county’s economy.

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Kenya, Uganda Discuss Rival Routes for Oil Export Pipeline

The Kenyan and Ugandan presidents held talks on Monday about which route to choose for an oil export pipeline that Kenya wants to go through its territory rather than neighbouring.

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Congo Orders Mining, Oil Companies to Pay Taxes in U.S. Dollars

Mining and oil firms in the Democratic Republic of Congo have recently being asked to pay taxes and import duties in U.S. dollars rather than in the national currency.

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Fresh Oil Discovered in Kenya

Britain’s Tullow Oil has recently said that it has made an oil discovery in Kenya, which could mean opening up a second oil basin for development in the country.

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Kenya Gets $1.5Bln IMF Shock Facilities

The International Monetary Fund (IMF) has recently approved two-year standby facilities for Kenya worth about $1.5 billion, which can be drawn on if the East African nation faces unforeseen shocks.

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Senegal GDP Growth Reaches 6.5 pct for First Time in 12 Years –IMF

Senegal’s economic growth reached 6.5 percent in 2015 for the first time in more than a decade, the International Monetary Fund said recently, buoyed by the agriculture sector and the.

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