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Elizabeth Williams

Global Stock Market: Shares Trading Mixed Amid Worries About China Economy

Global shares were trading mixed Wednesday amid worries over discouraging data on China, as well as over the future of the U.S. economy. Stock market...

Shettima Lauds Google’s N1.2bn Grant Initiative For 1 Million Digital Jobs

The Vice President, Kashim Shettima has lauded Google’s N1.2 billion grant initiative for the Tinubu administration’s 1 million jobs scheme. The Vice President stated this...

Niger Coup: Businesses In Northern Nigeria Suffer Misfortune

Nigeria’s decision to close its border with Niger Republic following the military coup in the former francophone West African country has resulted in huge...

Nigeria’s Economy: Inflation Rate Hits 24.08% Amid Forex Scarcity

Nigeria’s inflation rate rose to 24.08% in July 2023, the highest in years, Amid shortage of foreign exchange. The National Bureau of Statistics (NBS) said...

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Guinea Moves To Become West Africa’s Gold Refining Hub With New Export Ban

Guinea is stepping up efforts to become a leading gold refining hub in West Africa as it seeks to process more of its precious metals locally instead of exporting raw gold abroad. Mines Minister Bouna Sylla said the country has built one of Africa’s largest gold refineries, with...

IMF Says Malawi Loan Programme Depends On Government’s Reform Commitment

The International Monetary Fund (IMF) says it is prepared to move quickly on a new credit programme for Malawi but has stressed that any financial support will depend on the government’s commitment to implementing key economic reforms. IMF Resident Representative Nelnan Koumtingue said discussions with Malawian authorities are...

FCCPC Warns Fuel Marketers Against Exploiting As Global Oil Prices Fall

The Federal Competition and Consumer Protection Commission (FCCPC) has warned operators in Nigeria’s downstream petroleum sector against exploiting consumers by failing to reflect the significant decline in global crude oil prices in retail fuel prices. As of the time of filing this report, global benchmark Brent crude was...