Most Recent News

Unemployment rate declines for the first time since 2010: Egyptian prime minister

Egyptian Prime Minister Mostafa Madbouly announced on Wednesday though the state-owned MENA news agency that, for the first time since 2010, the unemployment rate in the country has declined. According.

  • 0

Nigeria: Reforms in Maritime Sector to Drive Economic Growth – Buhari

President Muhammadu Buhari has said the Federal Government is repositioning the maritime sector to become Nigeria’s economic driver. Buhari made the commitment yesterday in Abuja at the launch of a.

  • 0

Nigeria: $3.3bn Egina FPSO Has Opened Nigeria for More Investments, Say Stakeholders

The $3.3 billion Floating Production Storage Offloading (FPSO) unit that sailed away in the early hours of Sunday from Lagos to the 200,000 barrels per day Egina oilfield has opened.

  • 0

Kenya Airways reports Sh4bn loss after tax

Kenya Airways has reported a Sh4b loss after tax for the first six months of 2018. This is an improvement from the Sh5.66bn posted in a similar period last year..

  • 0

China, Africa’s best trading partner for 9 successive years

China-Africa trade has been growing robustly since the launch of 10 major cooperation plans three years ago. In the first half of 2018, bilateral trade rose 16 per cent year.

  • 0

Ghana, Britain sign £20m trade deal

Ghana and Britain on Tuesday signed a £20m trade and investment agreement to create jobs and promote economic development in the west African nation, the Ghanaian presidency said. The presidency.

  • 0

The Central Bank of Nigeria Pumps $210m into Forex Market

The Central Bank of Nigeria (CBN) has injected another sum of $210 million into the interbank foreign exchange (forex) market. The move was part of the central bank’s commitment to.

  • 0

South Korean Official Visits Morocco to Consolidate Economic Ties

Moroccan and South Korean officials have met to reinforce bilateral ties and economic cooperation between the two countries. Morocco’s speaker of House of Representatives, Habib El Malki, and Deputy Speaker.

  • 0

Theresa May to Unveil Measures against Illegal Migration in Nigeria

British Prime Minister Theresa May will Wednesday unveil measures to cut illegal and unsafe migration into Europe from West Africa and support victims of modern slavery as she visits Nigeria.

  • 0

NNPC Proposes the Establishment of two Condensate Refineries

Nigerian National Petroleum Corporation says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per day. Mr Ndu Ughamadu, NNPC spokesman made this disclosure in.

  • 0