The economies of Nigeria and other sub-Saharan Africa countries will be home to several of the world’s fastest-growing economies this year, the International Monetary Fund (IMF) said yesterday. The region, it said, is expected to have overall economic growth...
In this exclusive interview, the Managing Director of Volkswagen Group, South Africa & Head of Volkswagen Sub-Sahara Africa (SSA), Mr. Thomas Schaefer, gives more insight into the agreement expected to prepare the way for full resumption of the assembly...
Nigeria
Nigeria’s crude oil daily production recorded an upward swing of about 2.09million barrels in 2018, translating to a 9 per cent increment, compared with the 2017 average daily production of 1.86million barrels. File: Oil pipeline Pitched against the...
As it prepares to roll out in 2019, Dangote Oil Refining Company (DORC), has taken delivery of one of the major components of its refinery equipment, the regenerator for the Residual Fluid Catalytic Cracker (RFCC).
Mr Rama Putta, the Head...
Nigeria has attained the frequency control level required by member countries of the Economic Community of West Africa States (ECOWAS) to synchronise with and comfortably sell electricity to countries in the region and earn income, the Transmission Company of...
The largest e-commerce operator in Africa, Jumia, is expected to raise over $200 million at its initial public offering (IPO) this week. The IPO will become the first for e-commerce and tech businesses from Africa.
Jumia, which will trade as...
LONDON (Reuters) - A gradual rise by the Japanese yen in recent weeks culminated in a dramatic overnight surge — firing a warning shot for world markets and the global economy in 2019.
Historically, outsized yen gains in short periods,...
Nigeria
Alhaji Aliko Dangote still maintains his spot as Africa’s richest man according to Forbes Magazine. The magazine disclosed that as at January 11, 2019, the 61-year-old was worth $9.9 billion.
Forbes listed him as the number one on Africa’s list...
Dear all,
For those of you who don’t know us, we are the Cabinet Member for Health and Adult Social Care (job share), Cllr Ed Davie and Cllr Jacqui Dyer.
Picture of Councillors Edward Davie and Jacqui Dyer
We both have...
Economic growth in sub-Saharan Africa is expected to be 2.4 percent in 2017, the World Bank said on Wednesday, down from the 2.6 percent projected in April.
It said the downgrade was due to a number of reasons, including Nigeria's...
