27 C
LAGOS, NG
Wednesday, May 24, 2017

Business

Egypt negotiates $150 million loan from Britain

Egypt on Saturday finalized a $150 million loan guarantee from Britain following a visit by the British Foreign Minister, Boris Johnson. According to a statement...

Tunisia: IMF sets conditions for reforms, loans

Tunisia plans to sell stakes in three state-owned banks this year and cut up to 10,000 jobs in the public sector.These are part  of...

World Bank pledges $60m in budget support for Gambia

The Gambia will receive $60 million from the World Bank in support of its budget.This was revealed by the Bank’s President for Africa, Makhtar...

Trump says Republican border tax could boost U.S. jobs

TVC NEWS U.S. President Donald Trump on Thursday spoke positively about a border adjustment tax being pushed by Republicans in Congress as a way...

Stocks ease, dollar poised for weekly loss as Trump rally pauses

TVC NEWS Commodity-related sectors led European shares lower for a third straight session on Friday while the dollar was poised for a weekly losses...

Nigeria’s Central bank reintroduces charges on Cash deposits, withdrawals

The Central Bank of Nigeria on Thursday announced the re-introduction of bank charges on certain categories of cash deposits and withdrawals. This came about three...

Benin Republic to receive $150m IMF fund

The Republic of Benin is set to receive 150 million U.S. dollars from the International Monetary Fund for a three-year economic program. The programme is...

South Africa wine farmers feeling the pressure

Various challenges facing the South Africa’s wine industry are causing the wine farmer numbers to shrink. South African wine producers are facing bruising market headwinds,...

Whole Foods Market’s clampdown on UK store thefts help lift profits...

A clampdown on store thefts helped the British arm of Whole Foods Market make a profit for its second consecutive year. Directors of the upmarket...

Economists Say ‘Economic Nationalism’ Is Economic Nonsense

Economic nationalism is not a real economic theory that explains how markets function in a global economy. It is instead a set of political...
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