Business & Economy
World Bank Calls for Translating African Urbanization Into Growth, Jobs
The World Bank (WB) has called on countries in sub-Saharan Africa to turn the region's rapid urbanization into a powerful engine of economic growth…
Business & Economy
Business & Economy
Chinese Yuan Strengthens to 6.7138 Against USD Friday
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 9 pips to 6.7138 against the U.S. dollar Friday, according to…
Business & Economy
Nigeria’s Dangote Oil Refinery Closes ‘Historic’ IPO
CGTN Nigerian billionaire Aliko Dangote's oil refinery has closed its initial public offering, attracting investor applications from 120 countries in what the company described…
Business & Economy
IMF Proposes China’s Min Liao as Deputy Managing Director
Washington, D.C. — The International Monetary Fund (IMF) has announced the departure of Deputy Managing Director Bo Li at the end of his term…
Business & Economy
At China’s Canton Fair, Foreign Buyers Seek More than Products
(PD/BRNN/GSF) -- The 140th China Import and Export Fair, also known as the Canton Fair, is underway in Guangzhou, south China's Guangdong province,…
Business & Economy
Our Priority Is to Provide Electricity to Homes, Factories and Businesses — Tegbe
By our Correspondent The Minister of Power, Joseph Tegbe, says electricity delivery should be measured by the light that reaches homes, the machines that…
Business & Economy
Tegbe Commissions Transmission Substations in Kano, Flags Off Project in Katsina
By Our Correspondent The Minister of Power, Joseph Tegbe, on Friday commissioned four transmission substations in Kano State, adding 544MW of wheeling capacity to…
Business & Economy
Nigeria’s Rural Electricity Programme Powers 5m people, Creates 5,000 Jobs — UN report
The United Nations has highlighted Nigeria’s rural electrification programme as a successful example of expanding electricity access through targeted subsidies and private investment.…
Business & Economy
Tegbe, Gombe Governor Commission Solar Mini-Grids in Communities
By our Correspondent The Minister of Power, Joseph Tegbe, and Gombe State Governor, Muhammadu Inuwa Yahaya have commissioned electricity projects in the state…
Business & Economy
Ethiopia Joins Pan-African Payment System
Ethiopia has officially joined the Pan-African Payment and Settlement System (PAPSS), which facilitates cross-border payments between African countries. The National Bank of Ethiopia…