Means of production price decline in China
Beijing, June 14, 2023: Most of the capital goods monitored by China’s statistical authorities registered lower prices in early June...
Foreign
UK economy returns to growth in April as consumer spending improves
London, June 14, 2023: The UK economy bounced back in April after it was boosted by stronger consumer spending in...
Yuan weakens to 7.1498 against dollar
Beijing, June 13, 2023: The central parity rate of the Chinese currency renminbi, or the yuan, weakened 286 pips to...
Uganda’s first quarter foreign currency lending slows
Uganda is experiencing a lower uptake of loans in foreign currency in tandem with the ongoing fluctuation in exchange rates...
Ethiopia banking on spending and growth
Ethiopia’s overall spending is expected to rise slightly and economic growth to accelerate in the next fiscal year starting in...
Chinese firm wins tender to build head office for African court
Chinese firm CRJE (East Africa) Ltd has been awarded the contract to build headquarters for the African Court on Human...
Cross-border traders protest new barriers to trade in food in EAC
Trucks loaded with maize from Tanzania were barred from crossing into Kenya after the Tanzanian authorities stopped issuing maize exportation...
BRICS Business Council engages Nigeria to expand opportunities in Africa
The South African BRICS Business Council says it will be engaging Nigerian businesses and the private sector players, to expand...
World Bank Group pledges more support for Safaricom Ethiopia
The World Bank Group’s private investment arm and guarantee agency have pledged more support for the first private telecoms operator...
Chinese Yuan strengthens to 7.1280 against dollar
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 165 pips to 7.1115 against the dollar...
We bring you the best news update in Nigeria
LEARN MORE »