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External Reserves Decline By $50.84m In 10 Days

External Reserves Decline By $50.84m In 10 Days         The country’s external reserves dropped by $50.84m from $35.75bn as of October 2 to $35.69bn as of October 12, figures from the Central Bank of Nigeria have revealed. The CBN disclosed that the reserves, which had continued to...

Pantami: One Year of Digital Economy Ministry and the Pathway to National Development

Pantami: One Year of Digital Economy Ministry and the Pathway to National Development By Inyene Ibanga     The 23rd day of October, 2019 is going to remain a memorable day in the history of the Federal Ministry of Communications and Digital Economy. On that day, President Muhammadu Buhari...

Empty Words vs Small Minds By Taslim Anibaba

Empty Words vs Small Minds By Taslim Anibaba   I have watched so many videos and read so many materials recently about empty words and their devastating effects on the behaviour of my black folks. I am black but I don't consider myself inferior to any...

COVID-19: Nigeria, South Africa, Others Lose $4.2bn, IMF Says

COVID-19: Nigeria, South Africa, Others Lose $4.2bn, IMF Says   The COVID-19 pandemic has resulted in the largest capital outflow from sub-Saharan Africa with over $4.2bn leaving the region from the end of February. The International Monetary Fund disclosed this in its latest Regional Economic Outlook for...

South Africa Enters Recession, Again Nigeria Emerges Africa’s Biggest Economy

South Africa Enters Recession, Again Nigeria Emerges Africa’s Biggest Economy   Nigeria has overtaken South Africa as the biggest economy in Africa as the latter enters its second recession in two years. South Africa’s Gross Domestic Product shrank by 1.4 per cent in the fourth quarter of...

Lafarge To Auction South Africa subsidiary For $316.3m

Lafarge To Auction South Africa subsidiary For $316.3m …redeems N26.4bn bond Lafarge Africa Plc has announced the proposed sale of 100 per cent of the issued share capital in Lafarge South Africa Holdings Limited to Caricement B.V, a subsidiary of LafargeHolcim. The firm said in a statement...