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World - 2020-08-17
Nigeria eyes record 12.65trn naira spending plan for 2021
Africa

Nigeria eyes record 12.65trn naira spending plan for 2021

  • The spending by Africa's largest economy, still reeling from low oil prices and the new coronavirus pandemic, is a 17.2% jump.
  • The projected debt servicing payments would consume 3.1 trillion naira of the spending, or just under 25%.
Updated 18 Aug, 2020 01:01am
As US homebuilder confidence matches record high, mortgage delinquencies rise
USA

As US homebuilder confidence matches record high, mortgage delinquencies rise

  • The National Association of Home Builders/Wells Fargo Housing Market Index rose 6 points to 78, matching a series record set in 1998.
  • Housing has clearly been a bright spot during the pandemic and the sharp rebound in builder confidence over the summer has led NAHB to upgrade its forecast for single-family starts.
Published 17 Aug, 2020 10:29pm
Talks resume on Nile mega-dam

Talks resume on Nile mega-dam

ADDIS ABABA: Talks resumed Sunday over Ethiopia's controversial mega-dam that has long stoked tensions in the Nile...
Updated 17 Aug, 2020 03:45am