Newscast - Africa
7,349 episodes - English - Latest episode: about 1 year ago -We bring you various leading news from across Africa, on business, economy, market, and politics. Towards A Profitable Africa.
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Lafarge denies receiving a letter from SEC on the allegation of poor corporate practices.
October 23, 2019 13:08 - 2 minutes - 2.77 MBThe board of Lafarge Africa has reacted to media reports that the Securities and Exchange Commission (SEC) is investigating the firm over allegations of poor corporate practices and abuses. In a statement published on the website of the Nigerian Stock Exchange (NSE) and signed by the Company Secretary, Adewunmi Alode, Lafarge denied ever receiving a letter from SEC that implies the firm is being investigated for any allegation. The Nation in a report disclosed that it obtained evidence of sev...
Lafarge denies receiving a letter from SEC on the allegation of poor corporate practices.
October 23, 2019 13:08 - 1 minute - 3.45 MBThe board of Lafarge Africa has reacted to media reports that the Securities and Exchange Commission (SEC) is investigating the firm over allegations of poor corporate practices and abuses. In a statement published on the website of the Nigerian Stock Exchange (NSE) and signed by the Company Secretary, Adewunmi Alode, Lafarge denied ever receiving a letter from SEC that implies the firm is being investigated for any allegation. The Nation in a report disclosed that it obtained evidence of se...
LCCI criticizes the shut down of some automobile dealer shops by Customs.
October 23, 2019 13:06 - 1 minute - 3.61 MBThe Lagos Chamber of Commerce & Industry (LCCI) has reacted to the clampdown on car shops suspected to be harbouring smuggled vehicles by the Nigerian Customs Service (NCS). In a statement, the LCCI Director-General, Muda Yusuf, condemned the act, saying that the manner in which the companies were closed down for three weeks was intimidating. He said that some of the dealers whose companies were shut down are actually leaders in the industry, who represent reputable global brands and contrib...
LCCI criticizes the shut down of some automobile dealer shops by Customs.
October 23, 2019 13:06 - 1 minute - 6.35 MBThe Lagos Chamber of Commerce & Industry (LCCI) has reacted to the clampdown on car shops suspected to be harbouring smuggled vehicles by the Nigerian Customs Service (NCS). In a statement, the LCCI Director-General, Muda Yusuf, condemned the act, saying that the manner in which the companies were closed down for three weeks was intimidating. He said that some of the dealers whose companies were shut down are actually leaders in the industry, who represent reputable global brands and contribu...
First Bank of Nigeria Wins in Banking Awards
October 23, 2019 13:00 - 3 minutes - 3.21 MBIn recognition of its commitment and leading role at providing bespoke financial services to its customers and the public in general, through its numerous state of the art and innovative financial products and services, First Bank of Nigeria Limited has been awarded the Best Private Bank and Best Retail Bank in Nigeria Awards respectively by World Finance Magazine and Global Banking and Finance Review. Speaking on the Bank’s recognition for the Best Retail Bank in Nigeria award, Wanda Rich, E...
First Bank of Nigeria Wins in Banking Awards
October 23, 2019 13:00 - 2 minutes - 4.32 MBIn recognition of its commitment and leading role at providing bespoke financial services to its customers and the public in general, through its numerous state of the art and innovative financial products and services, First Bank of Nigeria Limited has been awarded the Best Private Bank and Best Retail Bank in Nigeria Awards respectively by World Finance Magazine and Global Banking and Finance Review. Speaking on the Bank’s recognition for the Best Retail Bank in Nigeria award, Wanda Rich, ...
Boeing Faces More Fines, Following Fresh Leaks of Internal Messages
October 22, 2019 20:57 - 2 minutes - 2.41 MBBoeing Co may have to book billions of dollars in additional charges related to its grounded 737 MAX jets, brokerages said on Monday, following reports that call into question the timing of the aircraft's return to service. Credit Suisse and UBS downgraded the stock after reports on Friday showed internal messages between two Boeing employees stating that the plane's anti-stall system behaved erratically during testing before the aircraft entered service. The new revelations pose fresh chall...
Boeing Faces More Fines, Following Fresh Leaks of Internal Messages
October 22, 2019 20:57 - 2 minutes - 3.65 MBBoeing Co may have to book billions of dollars in additional charges related to its grounded 737 MAX jets, brokerages said on Monday, following reports that call into question the timing of the aircraft's return to service. Credit Suisse and UBS downgraded the stock after reports on Friday showed internal messages between two Boeing employees stating that the plane's anti-stall system behaved erratically during testing before the aircraft entered service. The new revelations pose fresh challe...
Nigerian Transport Minister Updates The Nation on Rail Projects
October 22, 2019 20:24 - 1 minute - 1.66 MBRotimi Amaechi, Minister of Transportation has given an update regarding the ongoing revival of rail transportation in the country. While speaking to journalists after his arrival from China, Amaechi disclosed that 20 new coaches would arrive in 6 weeks from China for the Abuja-Kaduna and Lagos-Ibadan rail lines. He said he visited the Asian country to get locomotives and coaches, 10 for Abuja-Kaduna and 10 for Lagos-Ibadan as a temporary measure; more will then arrive in the second batch wh...
Nigerian Transport Minister Updates The Nation on Rail Projects
October 22, 2019 20:24 - 1 minute - 3.99 MBRotimi Amaechi, Minister of Transportation has given an update regarding the ongoing revival of rail transportation in the country. While speaking to journalists after his arrival from China, Amaechi disclosed that 20 new coaches would arrive in 6 weeks from China for the Abuja-Kaduna and Lagos-Ibadan rail lines. He said he visited the Asian country to get locomotives and coaches, 10 for Abuja-Kaduna and 10 for Lagos-Ibadan as a temporary measure; more will then arrive in the second batch whe...
Ghanaian and Hungarian Company Partner to Transform Wastewater
October 22, 2019 19:52 - 1 minute - 4.74 MBThe Jospong Group of Companies in Ghana, with the help of the Hungarian government, has secured a facility for various developmental projects in Ghana. Together with its Hungarian Partners, Pureco, the Jospong group concluded discussions and signed a €20.2 million Euros contract that will see the construction of the Takoradi and Tamale wastewater treatment plants which will treat wastewater from fecal waste into reusable water in these two cities. An additional €100,000 Euros grant was signed...
Ghanaian and Hungarian Company Partner to Transform Wastewater
October 22, 2019 19:52 - 3 minutes - 2.96 MBThe Jospong Group of Companies in Ghana, with the help of the Hungarian government, has secured a facility for various developmental projects in Ghana. Together with its Hungarian Partners, Pureco, the Jospong group concluded discussions and signed a €20.2 million Euros contract that will see the construction of the Takoradi and Tamale wastewater treatment plants which will treat wastewater from fecal waste into reusable water in these two cities. An additional €100,000 Euros grant was signed...
Telcos in Deep Water Over Unused Data Bundle
October 22, 2019 15:43 - 1 minute - 2.39 MBLawyer and ICT practitioner Adrian Kamotho has sued telecommunication operators for irregularly depriving consumers of their unused data bundles. In a complaint filed before the Communications and Multimedia Appeals Tribunal, Mr. Kamotho said he was aggrieved by the high cost of data and frustrated by the arbitrary expiry of hard-earned bundles. He wants the tribunal to order Safaricom, Airtel, and Telkom Kenya to furnish him with their current data tariffs, or prominently display the curren...
Telcos in Deep Water Over Unused Data Bundle
October 22, 2019 15:43 - 1 minute - 3.3 MBLawyer and ICT practitioner Adrian Kamotho has sued telecommunication operators for irregularly depriving consumers of their unused data bundles. In a complaint filed before the Communications and Multimedia Appeals Tribunal, Mr. Kamotho said he was aggrieved by the high cost of data and frustrated by the arbitrary expiry of hard-earned bundles. He wants the tribunal to order Safaricom, Airtel, and Telkom Kenya to furnish him with their current data tariffs, or prominently display the current...
Further Economic Slow-down For China - IMF
October 21, 2019 14:41 - 1 minute - 3.73 MBInternational Monetary Fund, IMF has projected that China's economic growth could moderate further in 2020 — even though the global economy is likely to pick up the pace. The fund, in its World Economic Outlook report, said the Chinese economy could grow at 5.8% next year — slower than the 6.1% forecast for 2019. China grew by 6.6% last year. Tao Zhang, IMF’s deputy managing director revealed that the Chinese economy is slowing down, which has continued an earlier trend of slowing down, which...
Further Economic Slow-down For China - IMF
October 21, 2019 14:41 - 2 minutes - 2.45 MBInternational Monetary Fund, IMF has projected that China's economic growth could moderate further in 2020 — even though the global economy is likely to pick up the pace. The fund, in its World Economic Outlook report, said the Chinese economy could grow at 5.8% next year — slower than the 6.1% forecast for 2019. China grew by 6.6% last year. Tao Zhang, IMF’s deputy managing director revealed that the Chinese economy is slowing down, which has continued an earlier trend of slowing down, which...
Border Closure Boosted Nigerian Local Poultry Productions
October 21, 2019 12:48 - 2 minutes - 5.03 MBThe closure of Nigeria’ s land borders for over two months has elicited reactions from different stakeholders, with farmers expressing support for the action. But some economists, including the Director-General, Lagos Chamber of Commerce and Industry, Muda Yusuf, and the Lead Director, Centre for Social Justice, Eze Onyekpere, said the development might not augur well for the Nigerian economy as it could come with high losses. The Nigeria Customs Service reported a drastic reduction in smuggl...
Border Closure Boosted Nigerian Local Poultry Productions
October 21, 2019 12:48 - 2 minutes - 4.11 MBThe closure of Nigeria’ s land borders for over two months has elicited reactions from different stakeholders, with farmers expressing support for the action. But some economists, including the Director-General, Lagos Chamber of Commerce and Industry, Muda Yusuf, and the Lead Director, Centre for Social Justice, Eze Onyekpere, said the development might not augur well for the Nigerian economy as it could come with high losses. The Nigeria Customs Service reported a drastic reduction in smugg...
Rwanda Goes Nuclear With Russia, Claims It's For Peace
October 21, 2019 12:03 - 1 minute - 2.8 MBThe Rwandan Cabinet has approved an agreement with Russia to advance the use of nuclear energy for "peaceful purposes," a move that is expected to bolster relations between the two countries and advance the latter's interests in the region. This comes ahead of the first Russia-African Forum next week in the city of Sochi, which President Paul Kagame has confirmed attendance, accompanied by a delegation of senior government officials. Minister of Trade and Industry, Soraya Hakuziyaremye, met t...
Rwanda Goes Nuclear With Russia, Claims It's For Peace
October 21, 2019 12:03 - 2 minutes - 1.98 MBThe Rwandan Cabinet has approved an agreement with Russia to advance the use of nuclear energy for "peaceful purposes," a move that is expected to bolster relations between the two countries and advance the latter's interests in the region. This comes ahead of the first Russia-African Forum next week in the city of Sochi, which President Paul Kagame has confirmed attendance, accompanied by a delegation of senior government officials. Minister of Trade and Industry, Soraya Hakuziyaremye, met ...
Employees of The Liberia Revenue Authority to Boycourt Work
October 18, 2019 14:46 - 1 minute - 6.15 MBThe revenue generation arm of the Liberian government may likely experience an unprecedented collapse if plans by employees of the Liberia Revenue Authority (LRA) to stage a go-slow action against the recently introduced "salary harmonization," which they say will badly affect their income, goes into effect. The LRA, being the tax collector of the government and expected to help raise over US$575 million for the 2019/2020 national budget that was recently passed by the legislature may not beg...
Employees of The Liberia Revenue Authority to Boycourt Work
October 18, 2019 14:46 - 3 minutes - 3.67 MBThe revenue generation arm of the Liberian government may likely experience an unprecedented collapse if plans by employees of the Liberia Revenue Authority (LRA) to stage a go-slow action against the recently introduced "salary harmonization," which they say will badly affect their income, goes into effect. The LRA, being the tax collector of the government and expected to help raise over US$575 million for the 2019/2020 national budget that was recently passed by the legislature may not beg...
NLC Versus FG, Settling For Less or Winning ?
October 18, 2019 14:26 - 1 minute - 3.22 MBAn agreement has been reached between the Federal Government of Nigeria and the Nigerian Labour Congress (NLC) over the new minimum wage adjustment. The agreement was reached after about four days of the meeting. According to the Minister of State for Labour & Employment, Festus Keyamo, both the government and the organized labor signed Terms of Settlement on different percentages of adjustments. In August, the President of the NLC, Ayuba Wabba, said the union was not prepared for any strike...
NLC Versus FG, Settling For Less or Winning ?
October 18, 2019 14:26 - 2 minutes - 2.66 MBAn agreement has been reached between the Federal Government of Nigeria and the Nigerian Labour Congress (NLC) over the new minimum wage adjustment. The agreement was reached after about four days of the meeting. According to the Minister of State for Labour & Employment, Festus Keyamo, both the government and the organized labor signed Terms of Settlement on different percentages of adjustments. In August, the President of the NLC, Ayuba Wabba, said the union was not prepared for any strike ...
Kenyatta Flags-Off 120 KM Long 2nd Phase of SGR Project
October 17, 2019 16:24 - 1 minute - 2.65 MBKenya's President Uhuru Kenyatta has officially opened the second phase of his flagship infrastructure project: a Chinese-funded and built railway that will eventually link the port of Mombasa to Uganda. The latest stretch of track cost $1.5 billion and runs from Nairobi to the Rift Valley town of Naivasha. But critics say the cost of the railway is plunging Kenya into debt. Waving the Kenyan flag, Kenyatta inaugurated the second phase of the country's new railway. The president then joined ...
Kenyatta Flags-Off 120 KM Long 2nd Phase of SGR Project
October 17, 2019 16:24 - 2 minutes - 2.37 MBKenya's President Uhuru Kenyatta has officially opened the second phase of his flagship infrastructure project: a Chinese-funded and built railway that will eventually link the port of Mombasa to Uganda. The latest stretch of track cost $1.5 billion and runs from Nairobi to the Rift Valley town of Naivasha. But critics say the cost of the railway is plunging Kenya into debt. Waving the Kenyan flag, Kenyatta inaugurated the second phase of the country's new railway. The president then joined t...
First Bank of Nigeria Holds Talks on Using Technology in The Context of Financial Services to Solve Real Problems
October 17, 2019 15:08 - 1 minute - 3.64 MBFirst Bank of Nigeria Limited played host at the third edition of its annual Fintech summit themed “Banking + Tech = Solving Real Problems which held on Wednesday, in Lagos with a conference and panel sessions comprising tech experts, start-ups, regulators and other stakeholders to deliberate pressing issues, trends and upgrades in the application of technology in the financial services industry. Victor Asemota, Founder, Swifta Systems & Services was the Keynote Speaker at the event. This ye...
First Bank of Nigeria Holds Talks on Using Technology in The Context of Financial Services to Solve Real Problems
October 17, 2019 15:08 - 4 minutes - 4.27 MBFirst Bank of Nigeria Limited played host at the third edition of its annual Fintech summit themed “Banking + Tech = Solving Real Problems which held on Wednesday, in Lagos with a conference and panel sessions comprising tech experts, start-ups, regulators and other stakeholders to deliberate pressing issues, trends and upgrades in the application of technology in the financial services industry. Victor Asemota, Founder, Swifta Systems & Services was the Keynote Speaker at the event. This yea...
First Bank of Nigeria Holds Talks on Using Technology in The Context of Financial Services to Solve Real Problems
October 17, 2019 15:08 - 4 minutes - 4.27 MBFirst Bank of Nigeria Limited played host at the third edition of its annual Fintech summit themed “Banking + Tech = Solving Real Problems which held on Wednesday, in Lagos with a conference and panel sessions comprising tech experts, start-ups, regulators and other stakeholders to deliberate pressing issues, trends and upgrades in the application of technology in the financial services industry. Victor Asemota, Founder, Swifta Systems & Services was the Keynote Speaker at the event. This yea...
IGI (Nig) Ltd Sacrificed 60 Unpaid Employees to Stay in Business
October 17, 2019 14:49 - 1 minute - 2.71 MB60 employees engaged with Industrial and General Insurance (IGI) Plc have allegedly lost their jobs due to prolonged liquidity issues encountered by the company. The development was confirmed by the spokesperson of the firm who affirmed that the sack of the employees was imperative to move the company forward. several staff members protested the decision to terminate their engagements after being owed arrears of 20 months' salaries. According to the Chairman, Coalition of IGI Staff, Samson O...
IGI (Nig) Ltd Sacrificed 60 Unpaid Employees to Stay in Business
October 17, 2019 14:49 - 2 minutes - 1.93 MB60 employees engaged with Industrial and General Insurance (IGI) Plc have allegedly lost their jobs due to prolonged liquidity issues encountered by the company. The development was confirmed by the spokesperson of the firm who affirmed that the sack of the employees was imperative to move the company forward. several staff members protested the decision to terminate their engagements after being owed arrears of 20 months' salaries. According to the Chairman, Coalition of IGI Staff, Samson O...
Zimbabwe Consolidated Diamond Company Struggles To Find A Permanent Replacement For Morris Mposu
October 15, 2019 17:26 - 2 minutes - 2.74 MBThe Zimbabwe Consolidated Diamond Company (ZCDC) on Sunday began its search for a new chief executive to replace Dr. Morris Mpofu who has fired five months ago amid allegations of corruption and abuse of office. The ax fell on Dr. Mpofu and six other top managers at the diamond mining firm, with its board arguing the move was aimed at cleansing the organization and rebuilding public confidence. Roberto de Pretto was appointed acting chief executive until a permanent replacement was found. Est...
Zimbabwe Consolidated Diamond Company Struggles To Find A Permanent Replacement For Morris Mposu
October 15, 2019 17:26 - 1 minute - 4.3 MBThe Zimbabwe Consolidated Diamond Company (ZCDC) on Sunday began its search for a new chief executive to replace Dr. Morris Mpofu who has fired five months ago amid allegations of corruption and abuse of office. The ax fell on Dr. Mpofu and six other top managers at the diamond mining firm, with its board arguing the move was aimed at cleansing the organization and rebuilding public confidence. Roberto de Pretto was appointed acting chief executive until a permanent replacement was found. Est...
KKR & Co Failed To Pull-off The Biggest IPO of The Year in Australia
October 15, 2019 17:07 - 2 minutes - 5.06 MBU.S. private equity firm KKR & Co and its partners have canceled what was expected to be the biggest Australian IPO of the year, the listing of their lender Latitude Financial. In what was to be their second attempt at listing in just over a year, KKR, Deutsche Bank and Verde Partners, decided to cancel the expected A$1 billion ($676.20 million) offering on Tuesday, because a large proportion of demand for shares was coming from hedge funds rather than desired long-term investors. The sources...
KKR & Co Failed To Pull-off The Biggest IPO of The Year in Australia
October 15, 2019 17:07 - 3 minutes - 3.12 MBU.S. private equity firm KKR & Co and its partners have canceled what was expected to be the biggest Australian IPO of the year, the listing of their lender Latitude Financial. In what was to be their second attempt at listing in just over a year, KKR, Deutsche Bank and Verde Partners, decided to cancel the expected A$1 billion ($676.20 million) offering on Tuesday, because a large proportion of demand for shares was coming from hedge funds rather than desired long-term investors. The sources...
Ghana Moves to Recapture Verification Data For Mobile Phone Users - Communication Minister
October 15, 2019 16:42 - 2 minutes - 2.7 MBThe Ghanaian Minister of Communication, Mrs. Ursula Owusu-Ekuful has announced that with effect from January 1, 2020, all mobile phone users would be required to undergo a re-registration of their cards. This according to her was in line with the strict compliance of the law on the acquisition and registration of SIM cards in the country. "Even though the SIM Registration regulations are still in force, it is not being enforced due to the lack of acceptable, fake proof, identification card an...
Ghana Moves to Recapture Verification Data For Mobile Phone Users - Communication Minister
October 15, 2019 16:42 - 1 minute - 3.3 MBThe Ghanaian Minister of Communication, Mrs. Ursula Owusu-Ekuful has announced that with effect from January 1, 2020, all mobile phone users would be required to undergo a re-registration of their cards. This according to her was in line with the strict compliance of the law on the acquisition and registration of SIM cards in the country. "Even though the SIM Registration regulations are still in force, it is not being enforced due to the lack of acceptable, fake proof, identification card a...
Kenya Out Borrowing Again, Warns World Bank; Nigerian Banks Worry Over The Nation's Debt Servicing Fee; Facebook Loses Cryptocurrency Fight Again; Ramaphosa Promises to Deal With Eskom's Money Trouble
October 14, 2019 20:09 - 15 minutes - 28.7 MBNigerian National Petroleum Corporation discovers oil in the northern part of Nigeria; Bankers express worry over money apportioned to debt service; World bank WarnS Kenya against debt piling; Facebook's Libra suffers another blow. --- Support this podcast: https://anchor.fm/newscast-africa/support
Kenya Out Borrowing Again, Warns World Bank; Nigerian Banks Worry Over The Nation's Debt Servicing Fee; Facebook Loses Cryptocurrency Fight
October 14, 2019 20:09 - 15 minutes - 29.7 MBNigerian National Petroleum Corporation discovers oil in the northern part of Nigeria; Bankers express worry over money apportioned to debt service; World bank WarnS Kenya against debt piling; Facebook's Libra suffers another blow. --- Support this podcast: https://anchor.fm/newscast-africa/support --- Support this podcast: https://anchor.fm/newscast-africa/support
Ethiopia Charms Pretoria For an Equity Stake in the Loss Making South African Airways
October 14, 2019 15:09 - 2 minutes - 3.76 MBEthiopian Airlines Group to consider buying a stake in South African Airways (SAA) should South Africa decide to sell equity in the struggling state carrier. Since 2011 South African Airways has not made a profit, the airline delayed the release of its annual earnings due to its precarious financial state. Group Chief Executive Officer of Ethiopian Airlines, Tewolde Gebre Mariam said that despite the African National Congress saying it would consider selling equity in the airline, there has ...
Ethiopia Charms Pretoria For an Equity Stake in the Loss Making South African Airways
October 14, 2019 15:09 - 2 minutes - 2.47 MBEthiopian Airlines Group to consider buying a stake in South African Airways (SAA) should South Africa decide to sell equity in the struggling state carrier. Since 2011 South African Airways has not made a profit, the airline delayed the release of its annual earnings due to its precarious financial state. Group Chief Executive Officer of Ethiopian Airlines, Tewolde Gebre Mariam said that despite the African National Congress saying it would consider selling equity in the airline, there has ...
Nigerian Diaspora Remittances is $2.6 Billion, Not $26 Billion - CBN Advises
October 14, 2019 14:55 - 3 minutes - 2.84 MBThe Central Bank of Nigeria (CBN) has disclosed that the official inflows of the remittances of Nigerians living abroad to the country were $2.6 billion and not $26 billion as quoted in some quarters. The apex bank cleared the air after some experts argued that the amount had not really impacted positively on the economy. Director, Corporate Communications Department, CBN, Mr. Isaac Okoroafor, who queried the sources of the data being referenced by critics, dismissed the representations as fr...
Nigerian Diaspora Remittances is $2.6 Billion, Not $26 Billion - CBN Advises
October 14, 2019 14:55 - 1 minute - 1.78 MBThe Central Bank of Nigeria (CBN) has disclosed that the official inflows of the remittances of Nigerians living abroad to the country were $2.6 billion and not $26 billion as quoted in some quarters. The apex bank cleared the air after some experts argued that the amount had not really impacted positively on the economy. Director, Corporate Communications Department, CBN, Mr. Isaac Okoroafor, who queried the sources of the data being referenced by critics, dismissed the representations as f...
Namibia To Achieve 95% Broadband Coverage in 3-Years, Deputy Information Minister Discloses
October 14, 2019 14:43 - 1 minute - 3.06 MBNamibia's Government aims to achieve 95 percent broadband coverage by 2024, Deputy Minister of Information and Communication Technology Engel Nawatiseb, told Parliament recently. Nawatiseb made this declaration while tabling the Broadband Policy and its Implementation Action Plan in the National Assembly. He added that the government also aims at 100 percent broadband connections and usage to all primary and secondary schools in the country to enable e-learning by 2024. Similarly, he said th...
Namibia To Achieve 95% Broadband Coverage in 3-Years, Deputy Information Minister Discloses
October 14, 2019 14:43 - 2 minutes - 2.58 MBNamibia's Government aims to achieve 95 percent broadband coverage by 2024, Deputy Minister of Information and Communication Technology Engel Nawatiseb, told Parliament recently. Nawatiseb made this declaration while tabling the Broadband Policy and its Implementation Action Plan in the National Assembly. He added that the government also aims at 100 percent broadband connections and usage to all primary and secondary schools in the country to enable e-learning by 2024. Similarly, he said the...
Nigeria's Economic Advisory Council To Include CBN Boss And Finance Minister
October 14, 2019 14:28 - 2 minutes - 2.49 MBPresident Muhammadu Buhari has been urged to include the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, the Minister of Finance, Zainab Ahmed as well as some other ministers in the Economic Advisory Council (EAC). This was said by the Managing Director/Chief Executive Officer, Cowry Asset Management Limited, Mr. Johnson Chukwu during an interview. According to Chukwu, it would be more appropriate if the relevant ministries/agencies were made members of the Council for ease of...
Nigeria's Economic Advisory Council To Include CBN Boss And Finance Minister
October 14, 2019 14:28 - 1 minute - 3.8 MBPresident Muhammadu Buhari has been urged to include the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, the Minister of Finance, Zainab Ahmed as well as some other ministers in the Economic Advisory Council (EAC). This was said by the Managing Director/Chief Executive Officer, Cowry Asset Management Limited, Mr. Johnson Chukwu during an interview. According to Chukwu, it would be more appropriate if the relevant ministries/agencies were made members of the Council for ease of...
Mogadishu Interrogates Nairobi on the Violation of its Airspace; Obasanjo Advises Congolese to Invest in Cash-crops; SA's Small Business Minister Has a Solution For Xenophobia...
October 11, 2019 19:29 - 15 minutes - 28.1 MBFormer Nigerian President, Olusegun Obasanjo, has called on the Democratic Republic of Congo (DRC) to invest in agriculture; Nigeria generated the total sum of N691.11 billion between January and June 2019; Ethiopian Prime Minister wins Nobel Peace Prize; Google pulls down a game that makes the player act like a Hong Kong protester from its App store --- Support this podcast: https://anchor.fm/newscast-africa/support
Mogadishu Interrogates Nairobi on the Violation of its Airspace; Obasanjo Advises Congolese to Invest in Cash-crops; SA's Small Business Min
October 11, 2019 19:29 - 15 minutes - 29 MBFormer Nigerian President, Olusegun Obasanjo, has called on the Democratic Republic of Congo (DRC) to invest in agriculture; Nigeria generated the total sum of N691.11 billion between January and June 2019; Ethiopian Prime Minister wins Nobel Peace Prize; Google pulls down a game that makes the player act like a Hong Kong protester from its App store --- Support this podcast: https://anchor.fm/newscast-africa/support --- Support this podcast: https://anchor.fm/newscast-africa/support
The World Bank Expresses A Pessimistic Sentiment Towards African Economy
October 11, 2019 17:30 - 2 minutes - 3.67 MBThe World Bank has revised overall growth projections for Sub-Saharan Africa to 2.6 percent in 2019 about 0.2 percent lower than the April forecast. In the 20th edition of Africa's pulse released on Wednesday this week, the World Bank noted that growth would be hampered by persistent global economic uncertainty. "Global uncertainty is taking a toll on growth well beyond Africa, and real GDP growth is also expected to slow significantly in other emerging and developing regions. The recovery i...