Cash-strapped Ghana secures $3bn IMF loan
The Executive Board of the International Monetary Fund (IMF) has approved a 36-month arrangement under the Extended Credit Facility (ECF)
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CBN expected to raise interest rate to 18.25% next week: FDC
The Central Bank of Nigeria is expected to continue its interest rate-hike cycle next week as inflation jumped again in
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Fraud hurting Nigeria’s e-commerce sector growth – Operators
Fraud is hindering the uptake of e-commerce in Nigeria, slowing the growth of business and entrepreneurship in the country, industry
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‘Adapt or perish’: Rewane warns of crunch time for Nigeria
With the economy in dire straits and several challenges awaiting the next government, Nigeria will have to “adapt or perish”,
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Elumelu’s wife buys 2.06 billion shares in Transcorp
Dr Awele Elumelu, the wife of the Chairman of Transnational Corporation Plc, Mr Tony Elumelu, has bought 2,063,484,991 shares of
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More firms tap futures contracts as naira dips further against dollar
The value of FX futures contracts traded this week between banks and their clients jumped more than eightfold as the
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Nigeria’s April inflation to edge down to 21.6%: Capital Economics
Data due to be published on Monday will show that Nigeria’s headline inflation rate edged down to 21.6 percent year-on-year
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Kenya’s rating cut deeper into junk by Moody’s, nears Nigeria’s
Moody’s Investors Service, a global credit rating agency, has downgraded Kenya’s ratings further into the junk territory as domestic financing
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Nigerian bourse poised to woo more savings bond buyers
The Nigerian Exchange Limited has joined forces with Afrinvest (West Africa) Limited, a capital market holding company, to drive up
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Nigeria will use up oil reserves in 50 years – World Bank
Nigeria’s crude oil reserves will be exhausted in 50 years’ time if production continues at the current rate, the World
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