WORLD BANK DEMANDS THAT INFRASTRUCTURAL PROJECT BE COMPLETED QUICKLY IN WESTERN UGANDA

The World Bank has ordered contractors in Western Uganda to complete their projects. Mr. Stephen John Ajalu, the World Bank's senior urban development specialist,...

KENYA TACKLES DOLLAR SHORTAGE THROUGH INTERBANK FOREIGN EXCHANGE MARKET

Kenya has recently been experiencing dollar shortage and it is reported some days back that banks ran out of US currency while those with...

FINANCIAL SOLUTIONS OFFERED TO AFRICAN IMPORTERS BY STANBIC IBTC

Stanbic IBTC  has offered an across-the-border system tagged "Africa China Agent Proposition (ACAP)" for offering standard financial solutions to importers from Africa who exchange...

RENEWED BARGAIN IN MTN NIGERIA COMMUNICATION AND 32 OTHER STOCKS LIFT MARKET CAPITALIZATION

The Nigerian Exchange Limited (NGX) resumed in a positive mood yesterday as investor wealth increased by N137 billion as a result of renewed bargain...

WANING FOREIGN INVESTMENT DECREASES NIGERIAN STOCK EXCHANGE ETF

The Nigerian Stock Exchange (NGX) Exchange Traded Fund (ETF) has suffered as a result of dwindling foreign investor participation, which has led to a...

NIGERIA’S DEBT TO THE WORLD BANK HAS INCREASED BY 121.46% OVER THE PAST SEVEN YEARS

Nigeria's borrowing from the World Bank has increased by 121.46% under the current president, Major General Muhammadu Buhari (retd.). Nigeria's total debt to the...

CHINA AND NIGERIA INTEND TO EXPAND THEIR $12 BILLION YEARLY COMMERCE

China has been Nigeria's primary import supplier in the last five years, bringing about 38% of total imports. During these years, Nigeria had a...

TWITTER REMOVES ” STATE AFFILIATED” AND “GOVERNMENT FUNDED” TAGS FOR MEDIA ACCOUNTS

Government-funded and state-affilliated labels of the social media platform, Twitter, has been removed. This removal was necessary because it suggests the involvement of government...

SOUTH AFRICA CURRENCY STRENGTHENS BEFORE BUSINESS CONFIDENCE INDEX RELEASE

Early on Tuesday, the South African rand appreciated before the local business listing. This appreciation mirrors a feeble dollar on international markets. The rand exchanged...

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