Yuan strengthens to 6.9054 against dollar
The central parity rate of the Chinese currency renminbi or the yuan, strengthened 186 pips to 6.9054 against the dollar...
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NPA gets approval for $1bn Ondo deep seaport project
The Nigerian Ports Authority (NPA) on Thursday in Lagos assured the nation that the one-billion-dollar Ondo State Multipurpose Deep Seaport...
Gemstone market in Ibadan will foster employment, wealth
The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says the International Gemstone Market in Ibadan will create employment...
40% of bank savings now in dollars in Nigeria – IMF
Over 40 per cent of deposits in local banks are now in United States (U.S.) dollars, the International Monetary Fund...
Nigeria, Indonesia in defence deal
The Governments of the Federal Republic of Nigeria and the Government of the Federal Republic of Indonesia have signed letter...
Ajay Banga Selected 14th President of the World Bank
The Executive Directors of the World Bank have selected Mr Ajay Banga as President of the World Bank for a...
What is happening to Kenya’s economy
Kenya’s economy grew by 4.8 percent in 2022, a slower pace than 7.6 percent recorded the previous year, the statistics...
Despite cash pressure, Rwanda repays $400m Eurobond
Rwanda has successfully repaid its $400 million Eurobond despite pressure on the country’s coffers that have come under intense pressure...
The issues on latest Kenya’s loan from China
China’s loans for President William Ruto’s first full-year budget will be the smallest in 16 years as Beijing adopts a...
New homes for displaced persons in Borno excites Buhari
President Muhammadu Buhari welcomes the completion and delivery of 300 housing units of two-bedroom each and other livelihood enhancing infrastructure...
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