Nigeria’s economy will grow in 2017 – Expert
Prof Uche Uwaleke, an economic expert says he is optimistic that Nigeria’s economy will be ‘out of the woods’ this year. Uwaleke, the Head of Banking and Finance, Nasarawa State…
Economy
Nigeria must not scare away MTN, says communications minister
Nigeria must not scare away MTN, its minister of communications said, as lawmakers investigate alleged illegal money transfers just three months after the government fined Africa’s biggest telecoms firm over…
Guinness Nigeria to seek approval for 40 bln naira share sale
Guinness Nigeria plans to seek shareholder approval to raise 40 billion naira ($127.19 million) via a rights issue on Tuesday to boost its balance sheet, the company said. The company,…
Equatorial Guinea says presents offer to become OPEC member in 2017
Africa’s no. 3 oil producer Equatorial Guinea has presented an offer to join the Organisation of the Petroleum Exporting Countries (OPEC) this year and has agreed to production cuts, its…
Nigeria Senate to focus on 2017 budget this week
The Senate will begin debate on the 2017 appropriations bill submitted by President Muhammadu Buhari this week. Both chambers of the National Assembly Senate had last week passed the Medium…
Ghana’s new government says it will review $918 million IMF deal
Ghana’s new government plans to review its $918 million programme with the International Monetary Fund because it may need more money for its spending plans, a minister-designate said on Friday.…
Ghana’s new government says will review $918 million IMF deal
Ghana’s new government plans to review its $918 million programme with the International Monetary Fund because it may need more money for its spending plans, a minister-designate said on Friday.…
Germany says IMF plans to stay involved in Greece bailout talks
The International Monetary Fund (IMF) logo is seen at the IMF headquarters building during the 2013 Spring Meeting of the International Monetary Fund and World Bank in Washington, April 18,…
Red-handed: China province admits faking economic data
REUTERS photo A Chinese official has admitted his province falsified its economic data for years, state media said on Jan. 18, as the country prepares to release its national growth…
General Motors to invest additional $1 bln in US
General Motors Co on Jan. 17 confirmed it will invest an additional $1 billion in its U.S. factories in 2017 and will move some parts production from Mexico to the…