Rise in mobile activity, customer numbers push Maroc Telecom’s profits to US$620m
MOROCCO – Morocco’s main telecommunication company Maroc Telecom realized a profit of MAD 6 billion…
Financials&Economy
AfDB calls for sustainable debt management to tame rising debt in Africa
AFRICA – The African Development Bank (AfDB) has called for sustainable debt management to tame…
Africa’s economy forecast to grow by 3.4% despite external shocks- African Economic Outlook 2020
AFRICA –The African Development Bank Economic Outlook for 2020 has revealed that Africa’s economic growth…
Shell records a dip in Q4 2019 profits even oil production in Nigeria hits five-year high
NIGERIA – Global oil and gas giant, Royal Dutch Shell, has announced its fourth quarter…
Boeing posts first annual loss in two decades as 737Max costs rise and sales plummet
UNITED STATES – Boeing Co, an Icon of American manufacturing has reported its first annual…
Nigeria’s Central Bank raises CRR rate to 27.5 percent to curb rising inflation
NIGERIA- The Central Bank of Nigeria, CBN, has increased the Cash Reserves Ratio, CRR, of…