The Cinema Exhibitors Association of Nigeria (CEAN), the country’s premier Film Trade Association Body, has announced good news for cinema lovers on the occasion of the International Cinema Day. Opeyemi Ajayi, the chairman of the Cinema Exhibitors Association of Nigeria (CEAN), said in a statement on Tuesday in Lagos that cinema lovers would enjoy discounted […]
Sub-Saharan Africa is expected to go into recession this year due to the coronavirus pandemic. This is according to a World Bank assessment of the impact of covid-19 in this part of the continent. GDPs are expected to fall in Nigeria, Angola and South Africa, the three largest economies in sub-Saharan Africa. World Bank chief […]
Former Nigeria Minister of Finance , Dr. Ngozi Okonjo-Iweala has been called by the South Africa’s government to help rescue the nation out of recession. South Africa is currently experiencing economic downturn as it entered its second recession in two years, and Okonjo-Iweala is the woman the nation has consulted to help rescue it from […]
Nationwide power cuts are blamed for pushing South Africa’s economy, the continent’s most industrialized, into recession, according to official statistics released Tuesday. The South African economy shrank by 1.4% in the fourth quarter of 2019 from the previous three-month period, after contracting by 0.8% in the third quarter, according to Stats SA. A recession is […]