Economy

The World: German Economy Narrows By 5%

The economy of Germany has has reduced for the very first time since 2009, the economy was reduced by 5%. This can be undoubtedly attributed to the impact of the coronavirus pandemic in Europe particularly…

2021

NEWS: President Buhari Finally Agrees On 2021 Budget

President Mohammadu Buhari of Nigeria has finally agreed to record the 2021 budget amidst the aftermath of the Coronavirus, the Nigerian economy has been hit massively by the coronavirus due the mandated lockdown imposed by…

Business: The Best Results By Emerging Markets

Now that Democrat Joe Biden has been declared winner of the presidential election in the US, all the financial protocols put in place by President Donald Trump will changed due to incoming president policy. Economist…

Business: Economic Recovery Strategy For Africa

Busisiness in Africa has been on downward trajectory ever since the inception of the coronavirus pandemic that has Killings thousands of people which as incapacitated business venture. While boost bundles are being molded to enable…

Nigeria's Ngozi Okonjo in final race to become WTO boss

Nigeria: Ngozi Okonjo-Iweala in final race to become…

The World Trade Organization (WTO) said on Thursday South Korea's trade minister and a Harvard-trained former Nigerian finance minister were in running to become the next director-general of the Geneva-based body, ensuring a woman in…

Thieves should not stay in power': Angolans want president's top aide fired for corruption

Politics: Angolans want president’s top aide fired for…

Dozens of Angolans marched on Saturday against alleged state corruption after Portuguese media accused the president's chief of staff of embezzlement, damaging the credibility of an ongoing anti-graft campaign against the former regime. Private Portuguese…

South Africa: Economy Down by 51% in 2nd Quarter

Business: Economy Down by 51% in 2nd Quarter…

South Africa's economy, the most industrialised in Africa, collapsed by using 51% between April and June in light of the Covid-19 pandemic, according to the country's information agency. An unheard of decline in GDP used…

Nigeria is on the verge of bankruptcy

Nigeria is on the verge of bankruptcy

The Federal Government’s retained revenue, which is the authentic income realised earlier than its augments with borrowed and deficit financing resources, is dwindling by using the day. It is dwindling when compared with the expenditure…

Economists warn of drastic steps needed to help Algeria recover its economy

NEWS: Economists warn of drastic steps needed to…

Economists are warning that large scale intervention is needed to rescue the Algerian economy from accruing huge foreign debt, following the double blow of COVID 19 and tumbling oil revenues. The National Office of Statistics…

SA Telecom Giant MTN Exits to Concentrate on Africa

Business: SA Telecom Giant MTN Exits Middle East…

Africa's largest cell operator, and South African telecom giant MTN, announced Thursday it would pull out of the Middle East the medium term to concentrate on its pan-African approach resolving to simplify its portfolio and…

Niger celebrates 60 years of independence

Niger celebrates 60 years of independence

Niger, a former French colony, celebrates its sixtieth independence anniversary on Monday. France mainstains a sure diploma of impact in the country. On navy grounds; Operation Barkhane is nonetheless very a good deal present, although…

Alcohol ban in South Africa

South Africa: Alcohol Ban Cost Economy More Than…

Brewing and beverage business enterprise Distell said on Monday the alcohol industry had already lost 118,000 jobs. Whilst nearly 800 small and medium sized liquor manufacturers confronted financial ruin as a end result of the…