Nigeria sells over $1bn worth of treasury bills

Nigeria sells over $1bn worth of treasury bills

Nigeria's Debt Management Office (DMO) says that N171.26 billion (about $1.03 bln) worth of treasury bills with maturities ranging from three months to one year were auctioned this ...

Nigeria inflation rises to 8.3 in September

Nigeria inflation rises to 8.3 in September

Nigeria's consumer inflation rose to 8.3 percent in September from a year ago, closer to the central bank's upper limit, the statistics bureau said on Thursday.The increase came ...

Nigerian airports handle over 57m passengers in four years

Nigerian airports handle over 57m passengers in four years

A total of 57,550,193 passengers used 22 Nigerian airports between 2010 and 2013, according to the statistics released by the National Bureau of Statistics (NBS). The NBS said in ...

Mali gets $1.5m renewable energy boost

Mali gets $1.5m renewable energy boost

Mali has received $1.5 million from the Scaling-Up Renewable Energy Programme in Low Income Countries (SREP) of the Climate Investment Funds (CIF), the African Development Bank ...

W/Africa’s BRVM trades securities worth over $485 000

W/Africa’s BRVM trades securities worth over $485 000

The Regional Securities Exchange (BRVM) of the eight nation West African franc zone closed its trading session on Wednesday, lower than the previous day.A turnover of 47 264 ...

Swazi govt takes over agricultural projects from FAO

Swazi govt takes over agricultural projects from FAO

The Food and Agriculture Organisation (FAO) has handed over to government infrastructure constructed under the Swaziland Agriculture Development Programme (SADP), the Observer ...

Ethiopia: Powering Africa meeting billed for November

Ethiopia: Powering Africa meeting billed for November

The 3rd annual investment Powering Africa: Ethiopia meeting will take place from 20-21st November in Addis Ababa, Ethiopia, EnergyNet announced on Thursday.The meeting is the annual ...

Nigeria sells over $1bn worth of treasury bills

Nigeria's Debt Management Office (DMO) says that N171.26 billion (about $1.03 bln) worth of treasury bills with maturities ranging from three months to one year were auctioned this week with mixed yields. The debt office said on Thursday that N59.88 billion worth of three-month paper was sold at 9.80 percent, 15 basis points lower than the previous auction on September 24. It added that a total of N45 ...

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Nigeria inflation rises to 8.3 in September

Nigeria's consumer inflation rose to 8.3 percent in September from a year ago, closer to the central bank's upper limit, the statistics bureau said on Thursday.The increase came after Nigeria's consumer inflation rose to 8.5 percent the previous month. Nigeria's central bank has said it aims to keep inflation between 6 and 9 percent this year and has a longer term goal of reducing inflation to around 5 ...

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Nigerian airports handle over 57m passengers in four years

A total of 57,550,193 passengers used 22 Nigerian airports between 2010 and 2013, according to the statistics released by the National Bureau of Statistics (NBS). The NBS said in the report released on Thursday in Abuja that the number of passengers handled by the airports attained its peak in 2011 with a total of 14,899,958 passengers. In 2010, a total of 13,891,677 passengers passed through Nigerian ...

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Mali gets $1.5m renewable energy boost

Mali has received $1.5 million from the Scaling-Up Renewable Energy Programme in Low Income Countries (SREP) of the Climate Investment Funds (CIF), the African Development Bank (AfDB) said on Thursday. The AfDB said in a statement that the SREP financing would benefit the Project for Scaling-up Renewable Energy in Mali (PAPERM). Following the grant approval, Alex Rugamba, Director of the AfDB's Energy, ...

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W/Africa’s BRVM trades securities worth over $485 000

The Regional Securities Exchange (BRVM) of the eight nation West African franc zone closed its trading session on Wednesday, lower than the previous day.A turnover of 47 264 securities worth XOF 250.60 million (about $485 000) were traded on Wednesday by investors on the floor of BRVM in contrast to XOF 300.17 million (about $581 000) on Tuesday. BRVM 10 index decreased from 256.16 to 255.77 points, a drop ...

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Swazi govt takes over agricultural projects from FAO

The Food and Agriculture Organisation (FAO) has handed over to government infrastructure constructed under the Swaziland Agriculture Development Programme (SADP), the Observer newspaper reports said on Thursday.SADP was established through funding from the European Union (EU) and FAO to the tune of E214 million (€14.2 million) and E5 million (€341 000) respectively. Minister of Agriculture Moses Vilakati ...

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Ethiopia: Powering Africa meeting billed for November

The 3rd annual investment Powering Africa: Ethiopia meeting will take place from 20-21st November in Addis Ababa, Ethiopia, EnergyNet announced on Thursday.The meeting is the annual platform for European financiers and developers to connect with Ethiopia's government and energy ministries to build capacity in the region's renewable energy sector. The meeting welcomes the participation of international ...

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Nigerian goods in Eastern, Southern African markets – report

Nigeria's non-oil exports have received a big lift with local manufacturing exporters capturing new markets in Eastern and Southern Africa. According to a special report by Nigeria's Businessday newpaper, Central and West African markets are established markets that have for some time been dominated by Nigerian manufacturers. The report said that independent findings showed that some of the newly captured ...

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Wiko Phones launches 10 smart phones in Nigeria

French phone manufacturer, Wiko Phones has launched its French brand of 10 new smart and features phones in Lagos on Wednesday and plans to capture 10 percent of the mobile phone market share in Nigeria. According to Nigeria's Guardian newspaper report, the Director, African Markets, Van De Pas, said at the unveiling of the phones that after establishing a strong market position in Europe in just three ...

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Malawi, China sign trade agreement

Malawi and China have signed a trade agreement that will see goods from the southern African country entering China duty-free.Speaking after signing the pact on Thursday, Malawi's Industry and Trade Minister Joseph Mwanamvekha said the agreement was a positive step that would expand the southern African country's export base. "The agreement will allow us export major cash crops such as tobacco, tea, sugar ...

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