News

Tunisia: Tenth anniversary of Revolution, per capita income dropped 30%
  • 15 January 2021
  • News

Tunisia suffered an economic slump ten years after the Revolution with all sectors, without exception, bearing the brunt of the crisis. In an interview with TAP, economic expert and CEO of Comete...

Senegal: IMF approves 2nd Economic Policy Coordination Instruments programme
  • 15 January 2021
  • News

The International Monetary Fund (IMF) has approved Senegal’s Economic Policy Coordination Instruments (EPCI), the Ministry of Finance and Budget announced Friday.The programme was approved on Tuesday,...

Nigeria:Sustained bargain-hunting boosts capitalisation by N325b
  • 15 January 2021
  • News

For four consecutive sessions, sustained bargain hunting in the shares of blue-chip stocks pushed the Nigerian Stock Exchange (NSE) market capitalisation up by N325 billion.At the close of trading yes...

Nigeria:CBN issues new guidelines on e-payment, fintech development
  • 15 January 2021
  • News

The Central Bank of Nigeria (CBN) has issued fresh guidelines aimed at strengthening the payment system and development of other disruptive technologies relating to financial services.The regulatory f...

Nigeria:Lagos State targets N991.03 billion revenue in 2021
  • 15 January 2021
  • News

Despite admitting to presenting an ambitious and audacious Budget of Rekindled Hope amid global economic crisis occasioned by the COVID-19 pandemic, the Lagos State Government insists its total revenu...

Nigeria:96 Firms Bid To Rehabilitate NNPC Pipelines, Depots
  • 15 January 2021
  • News

No fewer than 96 companies have indicated interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure ranging from critical pipelines t...

‘Nigeria Needs N1.5tr Yearly To Improve Renewable Energy Access’
  • 15 January 2021
  • News

The Minister of State, Power, Mr Goddy Jedy-Agba has said Nigeria would require $4 billion (about N1.525 trillion) annually to increase access to clean and renewable energy to boost the supply of elec...

Tunisia: External debt service fell by 62% as of January 10, 2021 (BCT)
  • 14 January 2021
  • News

Cumulated external debt services fell by nearly 62% during the first ten days of January 2021, compared to the same period in 2020, stabilising at 57.8 million dinars (MD), according to the latest sta...

Tunisia: Food trade balance posts deficit of 859.4 MD in 2020
  • 14 January 2021
  • News

 The food trade balance recorded a deficit of 859.4 million dinars in 2020, against a deficit of 1,425.7 MD during 2019, posting a coverage rate of 84.9% in 2020 from 74.9% in 2019, according to...

Nigeria Restates Commitment To OPEC+ Agreement
  • 14 January 2021
  • News

The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies aim...

Egypt : Petroleum Ministry offers jet fuel price cut till 2021 end to promote tourism
  • 14 January 2021
  • News

Ministry of Petroleum and Mineral Resources has announced that jet fuel prices will be cut to reach 15 cents per gallon, effective from 21 January until the year end.A high-level government meeting ha...

Egypt : 900k users access Fixed Solutions’ platform for electricity services
  • 14 January 2021
  • News

Fixed Solutions CEO Mahmoud Tawfik has announced that more than 900,000 citizens were able to access the company’s platform to submit coded electricity meter requests electronically in an easy and acc...

Egypt : ITFC to provide Egypt with $1.1 bln in finance solutions for 2021
  • 14 January 2021
  • News

The International Islamic Trade Finance Corporation (ITFC) is set to extend $1.1 billion in financing solutions to Egypt in 2021.Through a virtual event, Egypt’s Minister of Planning and Economic Deve...

Nigeria:FG Disburses Another N123.348bn Performance Grants To States
  • 14 January 2021
  • News

The Federal Government has disbursed another round of performance-based grants to States in the sum of N123.348bn ($324.6m) under its States Fiscal Transparency Accountability and Sustainability (SFTA...

Egypt : Central Bank of Egypt explores ways to salvage tourism amid COVID-19 crisis
  • 14 January 2021
  • News

The Central Bank of Egypt (CBE) Governor, Tarek Amer, has held a high-level ministerial meeting to discuss methods of supporting the tourism sector during the novel coronavirus (COVID-19) pandemic.Pre...

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