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Ms Christine Lagarde, Managing Director of the International Monetary Fund (IMF), has expressed sympathy to countries affected by Hurricane Irma.
The much awaited confirmation from National Bureau of Statistics (NBS) on whether or not Nigeria has finally exited its longest recession since 1987 will now be released on Tuesday.
Egypt’s first bitcoin exchange will go live later this month, the founders of Bitcoin Egypt said.
Unemployment in Nigeria, sub-Saharan Africa’s largest economy, is running at more than 14 percent and climbing; in South Africa, the second largest economy, it is over 27 percent. For youth in both places, it is far more.
UBS Wealth Management’s Chief Investment Office (CIO) has launched a new report on Africa’s sovereign credit prospects, an important benchmark used to evaluate the risk of investing in a country.
A financial expert, Prof. Sheriffdeen Tella, has urged the Federal Government to fast-track the growth of the manufacturing sector through the provision of infrastructure and the provision of credit.
Congo Republic’s debt is higher than was reported during an IMF mission in March to discuss a possible programme, as Congo authorities did not fully disclose their debt situation until June, a fund spokesman said on Friday.
Speaker of parliament for self-declared state of Somaliland has resigned on Wednesday to vie for the presidency ahead of the autonomous region’s election in November.
Oil prices rose on Thursday, recouping some of the previous session’s losses after OPEC forecast a supply deficit next year and the U.S. Federal Reserve said the economic outlook was favorable.
Some 30,000 drivers have made down payments for Porsche’s first electric car, according to the high-end automaker’s chief executive.
World heavyweight boxing champion Anthony Joshua has expressed appreciation to the Consul General of Nigeria in New York, Mr Benaoyagha Okoyen, for psyching him up to reclaim his titles.
Nigerian striker Rinsola Babajide was the heroine for Liverpool Ladies in their Women Super League Cup 3-1 win over Durham FC at Prenton Park.
Rivers Governor Nyesom Wike has called on on leaders of Kalabari ethnic group inn the State to prevail on the Amanyanabo of Kalabari, King Theophilus J.T. Princewill, not to allow himself to be used by external forces to create disunity in the State.
Lagos State Governor Babajide Olusola Sanwo-Olu has announced the appointment of Mr. Adedamola Adekunjo as the new Managing Director with immediate effect.
The House of Representatives has set up an inquiry into allegations that the management of the Nigeria Social Insurance Trust Fund (NSITF) pilfered N2.3billion of workers’ funds. The motion to probe the agency was sponsored by Rep. Francis Ejiroghene Waive.
The Enugu State Internal Revenue Service, in compliance with court orders, on Friday, carried out distrainment of some commercial banks, hotels, schools and other properties in the state for refusal of their owners to pay withholding taxes, PAYE tax, Land Use Charge and other development levy to the state government.
Cross River Cocoa Processing Factory located in Ikom is scheduled to begin a test run early next year following ninety-five percent work completion by the contracting firm A A Universal.
Former Nigerian Chief of Army Staff, multi-millionaire businessman and philanthropist, General Theophilus Yakubu Danjuma, GCON, has made what can be the single largest donation of 5 Billion Naira to the Diocese of Lagos Centenary City project.