May 8, 2021
  • May 8, 2021

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Rising inflation, insecurity having great repercussions on economy ~Presidential advisory council

by on May 7, 2021 0
By Samuel Bankole Nigeria must urgently address the challenges of rising inflation and insecurity in the country as the security challenges was having great repercussions on the economy According to the Presidential Economic Advisory Council (PEAC), led by Doyin Salami at a meeting with President Mohammadu Buhari on Friday, while the global economy has... Read More

President Buhari says NIN link with SIM cards will enhance security, economy

by on May 6, 2021 0
President Muhammadu Buhari has said that the ongoing synchronization of National Identification Number (NIN) with SIM cards across the country will provide a digital framework for improving security and strengthening of the economy. At the launch of the National Policy for the Promotion of Indigenous Content in Nigerian Telecoms Sector and Revised National Identity Policy... Read More

How Dangote Cement investment turns Senegal economy around ~Envoy

by on May 4, 2021 0
Africa’s richest man Aliko Dangote’s investment in Senegal through Dangote Cement has contributed immensely to the growth of the West African country’s economy. According to Charge D’Affaires, Embassy of Nigeria in Senegal, A.K Zanna, Dangote’s Cement investment in Senegal is contributing significantly to the country’s Gross Domestic Product (GDP), through its export revenue from... Read More

France summit will tackle how to spur economic recovery in Africa

by on May 1, 2021 0
A May 18 summit in France will tackle how developing countries, particularly in Africa, can avoid falling further behind as the global economy rebounds after the coronavirus pandemic, French economy minister Bruno Le Maire has said. The International Monetary Fund (IMF) has allocated $23 billion in direct financing to countries in sub-Saharan Africa, whose... Read More

China’s economy grows 18.3%, biggest GDP jump since 1992

by on April 16, 2021 0
China’s economy grew a record 18.3 percent in the first quarter of 2021 compared with -6.8 percent decline in the first quarter of last year. It’s the biggest jump in the Gross Domestic Product (GDP) since China started keeping quarterly records in 1992. However, Friday’s figures are below expectations, with a Reuters poll of... Read More