Tag: Business News

By Elizabeth AdegbesanNigeria’s Balance of Payments (BOP) improved to $2.1 billion surplus in the fourth quarter of 2018 (Q4’18), representing 162 percent increase when compared with the $4.54 billion deficit recorded in the third quarter of the year (Q3’18).The improvement was driven by 21 percent decline in imports and 2.1 percent increase in exports during … Continue reading Nigeria records $2.8bn Balance of Payments surplus in Q4’18 →

Sudan’s ruling National Congress Party (NCP) on Friday said that Sudanese President Omar al-Bashir had delegated his powers as party leader to his new deputy Ahmed Haroun.The party said this in a statement at the conclusion of a prolonged meeting of its leadership in Khartoum.“The meeting has been informed of the decision by the president … Continue reading Breaking: Sudanese president transfers power to his deputy →