23 | December | 2015 | Nile International

Nigeria raises borrowing in budget as oil prices fall

on: December 23, 2015In: Africa

Nigeria’s president has announced plans to raise spending by 20% next year by borrowing heavily amid falling oil prices In his first budget since his election victory in March, Muhamma... Read more

Egypt’s Central Bank backs local products, tightens importing measures

on: December 23, 2015In: Business & Economy

Egypt’s Central Bank stated on Tuesday that it will require importers to provide 100 percent cash deposits at banks on their letters of credit up from the current 50 percent in an atte... Read more

Yanni to broadcast concert from Pyramids

on: December 23, 2015In: Culture & Art

Yanni, the prolific New Age composer known for extravagant live performances, plans a busy 2016 that includes broadcast of a concert at the Pyramids. The Greek-born, US-based keyboardist ann... Read more

Daesh conflict: Ramadi battle enters second day

on: December 23, 2015In: Middle East

The battle to drive so-called Daesh fighters out of the centre of Ramadi is entering its second day as Iraqi special forces fight the militants street by street. Officials are optimistic tha... Read more