CBN to Recapitalize Nigerian Banks
24/06/2019The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has pledged to reposition Nigerian banks through recapitalisation during his second term. Mr Emefiele made the promise in Abuja on Monday.
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Economy
SA’s Reserve Bank To Cut Interest Rate
21/06/2019South Africa’s Reserve Bank will probably cut interest rates next month or in September to boost the country’s economy. A median forecast from economists, polled this week, suggests the South.
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Economy
Namibia Targets $1 Billion Worth Of Investments
20/06/2019Namibia is to host a two-day economic summit which is expected to attract at least $1 billion worth of investments over the next two years, the Ministry of Information and.
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Economy
Buhari Appoints Kyari, Head Of State-owned Oil Firm
20/06/2019Nigerian President Muhammadu Buhari has appointed a new group managing director of the Nigerian National Petroleum Corporation (NNPC), the state oil firm said on Thursday, one of his first appointments.
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Economy
No Eurobond Market For Nigeria In 2019
18/06/2019Nigeria has no plans to return to the Eurobond market this year after the sixth outing in November raised $2.86 billion, the head of the debt office said on Tuesday..
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Economy
NEASA Boss Charges South Africans on Economic Growth
15/06/2019National Employers’ Association of South Africa (Neasa) Chief Executive, Gerhard Papenfus has called on all South Africans to create the environment they envision, instead of waiting on the government to.
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Economy
Oranto Completes Seismic Survey Of Ngassa Block
08/06/2019A Nigerian firm, Oranto Petroleum Limited, has successfully completed its seismic data acquisition survey over the Ngassa block located near Uganda’s western border with the Democratic Republic of Congo. A.
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Economy
Kenyan Government To Introduce New Banknotes
04/06/2019Kenyan President Uhuru Kenyatta unveiled a new attempt to curb corruption and dirty money on Saturday by introducing a new set of banknotes and calling for the old Sh1,000 notes.
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Economy
Gambia’s Central Bank Records 24% Increase In Transaction Volumes
04/06/2019The governor of Central Bank of The Gambia has disclosed that domestic foreign exchange market continues to function smoothly, adding that transaction volumes have also increased to US$2.1 billion in.
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Economy
Zimbabwe To Cut External Borrowing
31/05/2019Zimbabwe will not borrow externally and will cut reliance on the central bank to finance deficits during an IMF staff-monitored programme in a bid to set a track record of.
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