Tag Archive
Nigeria: CBN’s 26.75 Percent Interest Rate Will Worsen Purchasing Power – Man
[Daily Trust] The Manufacturers Association of Nigeria (MAN) yesterday reacted to the new Monetary Policy Rate (MPR) which benchmarks interest rates to 26.75 per cent from 26.25 per cent, saying it will further constrain the growth of the manufacturing…
Nigeria: FG Injects N1trn Into Manufacturing Sector – Edun
[Leadership] The minister of finance and coordinating minister of the economy, Wale Edun, has announced that the federal government of Nigeria injected N1 trillion worth of palliatives into the manufacturing sector over the past year.
Nigeria: Dangote Refinery – Buy Me Out, Aliko Tells NNPCL
[Daily Trust] Apparently speaking out of frustration, Alhaji Aliko Dangote yesterday indicated his willingness to give up ownership of the multibillion-dollar Dangote refinery to the Nigerian National Petroleum Company Limited (NNPCL).
Downshifting US Inflation Will Help Reassure the Fed
(Bloomberg) — The runway toward a Federal Reserve interest-rate cut will come more into focus in the coming week amid fresh signs inflation is abating and economic activity is simmering down.…
This data comes from the ChinaPulse.com media i…
Canada already in talks to avoid Trump tariffs
Canada has already begun talks with members of Donald Trump’s circle about avoiding new trade tariffs if he’s elected U.S. president this fall.
If it happens, the Canadians have warned of retaliation.…
This data comes from the ChinaPu…
China braces for slow growth as Communist Party conference hints at tax expansion & more spending
The Third Plenum of the Communist Party of China (CPC) did not announce any big-bang reforms but instead sought to focus on qualitative growth read more
Beijing is solidifying the China-Hamas-Fatah triad via peace talks between the latter two.…
T…
U.S. vice presidential candidate J.D. Vance is a study in contradiction
Open this photo in gallery: From the left: Former U.S. President Donald Trump, Melania Trump, U.S. Senator and 2024 Republican vice presidential candidate J.D. Vance and his wife Usha Vance stand onstage during the last day of the 2024 Republican Natio…
Beyond third plenum: China’s slowing economy demands a more consensus-based approach from Beijing
The second-largest economy in the world, whose double-digit growth in the last three decades has made it an Asian economic powerhouse, has now slowed down to a single-digit growth rate read more
More than three hundred members of the ruling Chinese Com…
Blue Screen Blues: Microsoft Triggered Cyber Meltdown and the Case for Atmanirbharta
The champions of Atmanirbhar Bharat, isolationists among conservatives and the malcontents of globalisation are having a “told you so moment.” The Microsoft outage has given all of them a chance to have a right royal moan about the perils of blind beli…
Kenya: EABL MD Jane Karuku Appointed KAM Chairperson for 2 Years
[Capital FM] Nairobi — The Kenya Association of Manufacturers (KAM) has announced the appointment of Jane Karuku as its new chairperson.