Browsing Tag
Nasir Agbalaya
15 posts
Nigeria Recession: How Did the Exit Happen?
It appears the Q1 pledge of President Muhammadu Buhari’s government has been achieved. Official figures released from the…
Fitch Ratings reports sovereign debt default after lockdown
Credit Rating agency, Fitch, reports that many countries will default on debt payment this year, owing to economic…
Ghana’s inflation leaps amid Coronavirus lockdown
Ghana’s annual consumer price inflation jumped to 10.6% in April from 7.8% in the previous month. Higher food…
Kenya at high risk of debt distress – IMF
The International Monetary Fund has raised Kenya’s risk of debt distress to high from moderate due to the…
Algeria no longer Spain’s main gas supplier
Algeria has lost a major European market as Spain now buys its gas from the US due to…
SAA business rescue team to appeal court ruling on layoff process
Administrators trying save South African Airways – SAA say they will appeal a court ruling that ordered them…
Algeria to resume car importation
As many countries relax lockdown restrictions, commercial activities are picking up as they battle the negative economic implications…
Fuel costs to drop by 17.94% for Nigerians
Nigerians will be buying fuel at cheaper rates again. The Nigerian National Petroleum Corporation or NNPC has announced…
South Africa to build 2,500MW power nuclear plant
Plans for a new 2,500 megawatt (MW) nuclear power plant is in the works in South Africa, according…
Egypt’s foreign reserves dips
Egypt’s foreign reserves dropped by a further $3.07 billion in April as investors pulled cash from emerging markets.…