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Nigeria, SSA countries’ Debts Rise By 550% To $200bn – Report

Nigeria, SSA countries’ Debts Rise By 550% To $200bn – Report The total borrowing from the international debt markets by Nigeria and other countries in the sub-Saharan African countries has jumped to over $200bn, from $30bn in 2007, data from the Bank for International Settlements...

Output Cut: Price of brent crude oil rises to $70

The price of brent crude oil rose to 70 dollars a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in US and Canadian drilling activity that points to higher future output in North America. Brent sweet...

Indonesian Stock Exchange collapses

A floor at Indonesia’s stock exchange collapsed into the building’s lobby, on Monday, injuring an unknown number of people, according to media reports. “We are still investigating the cause, but for now our priorities are the casualties,” Jakarta police spokesman Argo Yuwono told Metro TV. Footage...

South Korea moves to ban cryptocurrency trading

The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil. The clampdown in South Korea, a crucial source of global demand for cryptocurrency, came as policymaker around the world struggled...

Again, Nigerians under attack in South Africa

The Nigerian Community in South Africa, say, four members are in critical condition in the hospital while some shops have been burnt in renewed attacks by South Africans. Mr Paul Nwanedo, chairman, Nigerian Union, North West Province chapter told the News Agency of Nigeria (NAN)...

Adesina Rallies Support For Technologically Driven Agriculture In Africa

The African Development Bank (AfDB) has developed an initiative called the Technologies for African Agricultural Transformation (TAAT) – a knowledge and innovation-based response to the recognized need of scaling up proven technologies across Africa. Already, 25 African countries have written letters to the AfDB confirming...