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The Emirates Group yesterday announced its 30th consecutive year...

Africa's overall mobile phone market shipments declined 6.0% year...

The Management of the National Information Technology Development Agency...

KIA Sorento KIA Sportage Kia Motors Corporation has announced that its...

L-R: Minister of State for Petroleum Resources (Gas), Hon...

There is need for Nigeria to seriously rethink her Forex policy to spur investment and quicker economic recovery. At the same time, the country recorded growth of only 3.96% y/y in Q1, 2015, down from 5.9% in Q4-2014, according to Razia Khan, Economist at Standard Chartered Bank, London. She said Nigeria’s oil sector contracted by 8% y/y in Q1, following growth of 1% in the previous quarter. “Decelerating growth was seen across most sectors in Q1, with the exception of crop production. Q2 growth may be slower still, reflecting a slowdown in activity around the elections, and the transition to a new government.”

The Central Bank of Nigeria yesterday barred United...

  High cost has been identified as a major disincentive...