Economics - Markets Reporters

Africa now epicentre of pandemic-induced economic devastation – Afreximbank

Africa has become the epicentre of the economic devastation brought on by the COVID-19 pandemic, the African Export-Import Bank has

Nigeria’s economic growth rate slowed to 1.87 percent in the first quarter of this year, the National Bureau of Statistics

Nigeria, Africa’s biggest economy, is facing the prospect of stagflation, the Financial Derivatives Company has said, as inflation rate rose

Nigeria’s inflation rate rose by 12.34 percent year-on-year in April from 12.26 percent in the previous month, the National Bureau

Nigeria’s economy could shrink as much as 8.9 percent in 2020 in a worst-case scenario without stimulus, the Minister of

Nigeria’s adherence to oil production cuts under the OPEC+ agreement will lead to deeper economic contraction and fiscal deficits and

The African Business Coalition for Health has announced the appointment of Mories Atoki as Chief Executive Officer following the unanimous

Emerging-market creditors have set up a group to help heavily indebted African nations coordinate responses to the economic impact of

The International Monetary Fund has raised Kenya’s risk of debt distress to high from moderate due to the impact of

The tourism sector has taken a serious beating from the COVID-19 crisis as 100 percent of global destinations continue to