Inflation in Turkey peaks 30%
Turkey’s annual inflation rate is expected to have hit 30.6 per cent in December, according to a Reuters poll. The...
Foreign
Nigeria’s imports from China hits N19trn
The National Bureau of Statistics (NBS) has reported that Nigeria spent N19.12 trillion on imported commodities from China in less...
Azerbaijan moves to invest $250m in industrial zones
Azerbaijan plans to invest $250 million in industrial zones, the Acting Chairman of the Agency for the Development of Economic...
Special Economic Zone Remain Pivotal to Africa’s Industrial Transformation
Speakers at the sixth annual meeting of the Africa Economic Zones Organisation (AEZO) held in Accra, have reiterated the relevance...
Nigeria, UK-based group in deal on Africa’s Intellectual Property
Commercialization The Federal Government has signed a Memorandum of Understanding (MoU), with a UK- based Developing Africa Group to create...
IMF, Mozambique to discuss first credit facility
The International Monetary Fund will start discussions next month on an extended credit facility with Mozambique, the fund said on...
Suez Canal Economic Zone signs $2.6bn methanol plant contract
Egypt’s Suez Canal Economic Zone on Tuesday signed a 2.6 billion dollars contract to build a methanol plant at Egypt’s...
Chinese yuan strengthens to 6.3729 against USD
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 204 pips to 6.3729 against the U.S....
Togo, Benin, Niger yet to remit payment of N770m to NERC
The Nigerian Electricity Regulatory Commission (NERC) has said that three neighbouring countries did not make any payment for the second...
Lira rallies late after Erdogan props up currency
Turkey's lira ended the session up over 20% on Monday after President Tayyip Erdogan introduced a series of steps that...
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