Nigeria has reduced its fuel s pump price of Premium Motor Spirit (PMS) from N97 to N87 per litre . This was revealed by the Minister of Petroleum Resources, Diezani Alison-Madueke, at a press conference in Abuja last Sunday at the presidential villa. The minister said the reduction had come about as a result of a reduction in crude oil in international prices on the world market.
The African Export-Import Bank (Afreximbank) has provided about $350 million in financing to support cocoa processing activities in the four major cocoa producing countries in Africa, Jean-Louis Ekra, President of the Bank, has said.
With innovation on the march globally, five most promising tech cities in emerging markets have all the right ingredients to become future startup capitals. Medellin, Colombia; Amman, Jordan; Lahore, Pakistan; Jakarta, Indonesia; Lagos, Nigeria.
After being subdued since December 2013 with the Trade Activity Index (TAI) hovering around 50, trade flared up in October 2014 and the TAI measured 57. This is nine index points better than in September and the TAI surprised by exceeding the key level of 50 by a notable margin in October.
The JSE has successfully completed the second phase of the JSE’s number one priority project, the T+3 project. The project is being implemented in three phases, and will result in the local equities market moving from the current T+5 settlement cycle to a shorter, three day settlement cycle (which is the intention of Phase 3 on the initiative).
In order to inaugurate their partnership, Jumia and the Chamber of Commerce & Industry of Côte d’Ivoire are organizing a symbolic ceremony at the Chamber of Commerce & Industry of Côte d’Ivoire on Thursday 30thOctober.