Nigeria Appears Risky to Long-Term Foreign Investors – Report

[This Day] Nigeria’s reliance on hydrocarbons for government revenue and foreign-exchange remains a fundamental weakness of the economy, which subjects it to boom and bust cycles, a report has stated.

[This Day] Nigeria's reliance on hydrocarbons for government revenue and foreign-exchange remains a fundamental weakness of the economy, which subjects it to boom and bust cycles, a report has stated.

source: AllAfrica News: Nigeria

IMF Forecasts Lower Oil Price in 2019

[Daily Trust] The International Monetary Fund (IMF) has said that the average price of oil will be $62.31 a barrel in 2018 and $58.24 a barrel in 2019 and will remain unchanged in real terms over the medium term.

[Daily Trust] The International Monetary Fund (IMF) has said that the average price of oil will be $62.31 a barrel in 2018 and $58.24 a barrel in 2019 and will remain unchanged in real terms over the medium term.

source: AllAfrica News: Nigeria

Official Decries State of Sports Infrastructure in Lunda Sul

[ANGOP] Saurimo -The Secretary of State for Sports Carlos Almeida Tuesday expressed dissatisfaction at degradation level of sports infrastructure in eastern Lunda Sul province.

[ANGOP] Saurimo -The Secretary of State for Sports Carlos Almeida Tuesday expressed dissatisfaction at degradation level of sports infrastructure in eastern Lunda Sul province.

source: AllAfrica News: Angola

N’Assembly to Transmit Not-Too-Young-to-Run Bill

[This Day] Abuja -The National Assembly has resolved to transmit the Not-Too-Young-To-Run bill and 11 other Constitution Alteration bills which have satisfied the provisions of Section 9(2) of the 1999 constitution to President Muhammadu Buhari for ass…

[This Day] Abuja -The National Assembly has resolved to transmit the Not-Too-Young-To-Run bill and 11 other Constitution Alteration bills which have satisfied the provisions of Section 9(2) of the 1999 constitution to President Muhammadu Buhari for assent.

source: AllAfrica News: Nigeria

You Won’t Be Lucky If Oil Plunges Again, IMF Warns Nigeria, Others

[This Day] Washington DC -The International Monetary Fund (IMF) has cautioned Nigeria and other oil exporting countries yet to utilise the opportunity created by the prolonged stability in crude oil prices to reform their economies, saying they would n…

[This Day] Washington DC -The International Monetary Fund (IMF) has cautioned Nigeria and other oil exporting countries yet to utilise the opportunity created by the prolonged stability in crude oil prices to reform their economies, saying they would not be so lucky if crude prices plunge again.

source: AllAfrica News: Nigeria

Nyusi Delivers Lecture to Chatham House

[AIM] London -Mozambican President Filipe Nyusi on Tuesday gave a keynote lecture in London at the prestigious Royal Institute of International Affairs – also known as Chatham House – on the subject of fostering sustainable peace, democracy, and inclus…

[AIM] London -Mozambican President Filipe Nyusi on Tuesday gave a keynote lecture in London at the prestigious Royal Institute of International Affairs - also known as Chatham House - on the subject of fostering sustainable peace, democracy, and inclusive development.

source: AllAfrica News: Mozambique

Voter Registration in Danger of Missing Target

[AIM] Maputo -Half way through Mozambique’s two month voter registration, ahead of the municipal elections scheduled for 10 October, less than 40 per cent of the estimated municipal electorate has registered.

[AIM] Maputo -Half way through Mozambique's two month voter registration, ahead of the municipal elections scheduled for 10 October, less than 40 per cent of the estimated municipal electorate has registered.

source: AllAfrica News: Mozambique

Fuel Subsidies Cost Mozambique Huge Sums

[AIM] Maputo -The generalised fuel subsidies practised by the previous Mozambican government, under President Armando Guebuza, led to colossal debts to the fuel distribution companies, which the current government has not yet been able to pay off in fu…

[AIM] Maputo -The generalised fuel subsidies practised by the previous Mozambican government, under President Armando Guebuza, led to colossal debts to the fuel distribution companies, which the current government has not yet been able to pay off in full, according to Almirante Dimas, deputy director of hydrocarbons and fuel in the Ministry of Mineral Resources and Energy.

source: AllAfrica News: Mozambique

Nyusi Urges Botswana Businesses to Invest

[AIM] Maputo -Mozambican President Filipe Nyusi on Monday reaffirmed his invitation to Botswanan businesses to invest in Mozambique and make use of the potential and countless opportunities that the country offers.

[AIM] Maputo -Mozambican President Filipe Nyusi on Monday reaffirmed his invitation to Botswanan businesses to invest in Mozambique and make use of the potential and countless opportunities that the country offers.

source: AllAfrica News: Botswana