Wednesday, June 17, 2026
Adidas looks to Russia 2018 to boost sales after revenue from country plummeted on sanctions, weak currency
Adidas is looking to Russia 2018 to boosts sales after closing 50 percent of its retail outlets over sanctions and...
Read moreDetailsEXCLUSIVE! Innovate or die: Banks caught between a rock and a hard place
The macroeconomic and policy environments are putting banks on horns of a dilemma. They either increase risk assets creation or...
Read moreDetailsOil prices mixed amid Russian production output rise, strong demand in Asia
Oil prices were mixed Monday amid rising Russian production and strong demand in Asia. Crude Oil WTI Futures for July delivery...
Read moreDetailsInflation to slow further in May as analysts’ position mixed on rate cut
Financial Derivatives Company (FDC), an economic think tank and financial advisor led by Bismark Rewane, has projected that headline inflation...
Read moreDetailsNigeria’s new excise duties not targeted at local manufacturers, says finance ministry
Nigeria’s ministry of finance said the new excise duty rates recently approved by the government on alcoholic beverages and tobacco...
Read moreDetailsAnalyst sees silver prices hitting $18 by Q3
Silver prices will likely reach $18.50 an ounce in the third quarter of 2018, and perhaps even hit 2016 highs...
Read moreDetailsNigeria’s president Buhari appoints Shonubi as CBN deputy governor
President Muhammadu Buhari has appointed Folashodun Adebisi Shonubi, managing director of the Nigeria Inter-Bank Settlement System Plc (NIBSS), as deputy...
Read moreDetailsIMF projects economic growth in sub-Saharan Africa at 3.4% in 2018 on improved global growth
The International Monetary Fund (IMF) has projected that economic growth in sub-Saharan Africa at 3.4 percent in 2018 from 2.8...
Read moreDetailsChinese investment helps Egypt top Africa’s FDI inflows
Egypt emerged Africa's most preferred investment destination in 2017 as a large increase in Chinese investment across light manufacturing industries,...
Read moreDetailsNigeria to step-down reliance on U.S. dollar for imports from Asia as CBN starts auctioning Chinese yuan
Nigeria’s central bank will start to auction the Chinese yuan within the next month at an exchange rate to be...
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