Algerian banks halt trading with Spain over Western Sahara spat
Algeria’s banking association halted trade with Spain as of Thursday after the Spanish government sided with Morocco in a dispute...
Foreign
OPEC daily basket price closes at $121.54 per barrel
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at $121.54...
Economic growth to decline to 3.7% in Sub -Saharan Africa
The World Bank says economic growth in Sub-Saharan Africa (SSA) is expected to decline to 3.7 per cent in 2022...
China’s agricultural products records slight dip in prices
The wholesale prices of China’s agricultural products edged down last week, according to the Ministry of Agriculture and Rural Affairs....
AFREXIM, NACC, experts seek solutions to challenges impeding AfCFTA
African Export-Import Bank (AFREXIM) and other trade experts have charged the Nigerian government to deploy mechanisms aimed at maximising the...
Nestle provides 39.5m bottles of infant formula to U.S.
The United States Food and Drug Administration on Monday reported that Swiss food company Nestle would make 39.5 million additional...
Obasanjo, Dangote feature at 29th Afreximbank’s meetings
The 29th Afreximbank Annual Meetings holding in Cairo, Egypt, will feature former President of Nigeria, Dr Olusegun Obasanjo and Mr...
Buhari urges Spanish investors to take advantage of 200m consumer market
President Muhammadu Buhari has called on Spanish investors to take advantage of Nigeria’s tax- free environment and limitless expatriate quota...
Africa requires huge energy to drive development- Buhari
President, Muhammadu Buhari, says Africa requires huge amount of energy generation to drive its development, as the world is combating...
China’s non-manufacturing PMI up in May
The Purchasing Managers’ Index (PMI) for China’s non-manufacturing sector came in at 47.8 in May, up from 41.9 in April,...
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