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…
World Bank predicts sub-Saharan Africa recession in 2020
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…
Ramaphosa summons Okonjo-Iweala to counter recession
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…
Power outages are dragging South Africa back into…
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…
