Malta to spend over £500m to tackle rising energy costs
Malta plans to spend 508 million euros (501.4 million U.S. dollars) in 2023 to ease the impact of rising energy...
Foreign
One-third of global Economy in recession says Emefiele
Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says about one-third of the world economy is currently...
China’s foreign trade rises by 9.9%
China’s foreign trade increased by 9.9 per cent year-on-year to 31.11 trillion Yuan (about 4.75 trillion dollars) during the first...
AfDB inaugurates project to create jobs in 3 African countries
The African Development Bank (AfDB), has inaugurated a multinational project to create jobs and improve livelihoods for youth in three...
Chinese Yuan strengthens to 7.1186 against dollar
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened by two pips to 7.1186 against the...
Buhari commits to Germany’s deal to improve electricity in Nigeria
Nigeria remains dedicated to the partnership with Siemens and the German Government to improve electricity generation in the country,...
China’s Central Bank conducts reverse repurchase to boost liquidity in banking
China’s Central Bank on Tuesday conducted a total of two billion Yuan (about 281.3 million dollars) of reverse repurchase to...
EU contributes €100m to IMF to support African, Caribbean, Pacific countries
The European Union on Friday signed a 100 million Euros grant agreement (about 97.2 million dollars) for the International Monetary...
AfDB approves $50m risk agreement for French bank
The Board of Directors of the African Development Bank (AfDB) Group has approved a 50-million-dollar Risk Participation Agreement (RPA) for...
IMF urges policymakers to `act now’ to address global crisis
Ms Kristalina Georgieva, the Managing Director, International Monetary Fund (IMF) has urged policymakers to urgently “act now and act together’’...
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