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Nigeria
Land Import Ban Raises Smuggling Of Trapped Vehicles
Auto dealers of trapped vehicles at Benin republic ports, as a result of the federal government ban on importation of vehicles through the land borders, have resorted to smuggling of the trapped automobiles to Nigeria through unapproved routes. The federal government’s ban on importation of used and new vehicles through ...
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Nigeria
Ag. President To Protesters: We Understand Your Grievances
Acting president Yemi Osinbajo yesterday told protesters that the federal government feels their grievances and was determined to revive the economy. Osinbajo spoke in the aftermath of protests across major cities in the country, including Lagos, Abuja, Rivers and Edo yesterday, over policies and actions of the present administration. Musician, ...
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Nigeria
FG Outlines Economic Recovery Plan, Targets 7% GDP Growth Rate
The federal government has outlined plans to pull the country out of recession and get it on a path of sustainable growth in the shortest possible time. According to the federal government, the medium term plan is expected to drive Nigeria to a minimum GDP growth rate of 7 per ...
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Nigeria
Reps Summon CBN Governor, Petroleum Minister over Forex Fraud
The House of Representatives has summoned the governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, Minister of State for Petroleum Resources Ibe Kachikwu, and the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baro over irregularities discovered in the foreign exchange to oil marketers. Baro alongside ...
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Francia Algeria
Industrie automobile : Un taux d’intégration de 40% est vital
Le montage automobile SKD n’est pas viable, si l’on n’arrive pas progressivement à un taux d’intégration nationale de 40%, car en dessous de ce taux, il est plus rentable d’importer des véhicules que de les monter en Algérie», a avancé hier Adel Bensaci, président du cluster mécanique de précision, au ...
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Iran
British PM May: 'We’re committed to a two-state solution'
Netanyahu stresses settlements not obstacle to peace • Leaders also address Iran, trade issues
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Israele
Political uncertainty to shadow Israel’s credit rating, Moody’s analyst says
Bank of Israel to invest more of foreign reserves in equities; Keror turns down right to buy Clal shares in Jafora-Tabori; Tel Aviv shares eke out gains as dollar and euro weaken.
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Bielorussia
Thousands of children out of school after classrooms damaged in eastern Ukraine
Source: UN Children's Fund, Save the Children Country: UkraineAfter nearly three years of conflict, more than 740 schools have been damaged or destroyed, resulting in children missing months of schooling due to displacement and the effects of conflict. Kyiv/Geneva, 6 February 2017 – Thousands of children have been forced out of school ...
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Etiopia
New Trade Minster promises Access buyers relief
The recently appointed State Minister of Trade, Assed Ziad, promised Access Real Estate home buyers that he would solve their problems as soon as possible. Home buyers are asking the Addis Ababa City Administration to include Access’ plots under the city land bank. Sources told Capital that a couple of ...
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Etiopia
United rolls out new insurance products
United Insurance Share Company stated that it has introduced a new insurance product called Political Violence Insurance. The Insurance Company told Capital that it got the green light from the National Bank of Ethiopia at the end of last month to provide the new insurance product. The insurance will cover ...