Thursday, March 26, 2026
IMF recommends economic diversification for increased GDP growth in Africa
Christine Lagarde, International Monetary Fund (IMF) chief, has extolled the benefits of diversified economies for African countries, saying even minor...
Read moreDetails2018 might not be quite so happy for OPEC producers, says IEA
The International Energy Association (IEA) has said that year 2018 might not necessarily be a happy New Year for those...
Read moreDetailsNigerian stocks trade lower on sell-offs in Dangote Cement, others
The Nigerian bourse sustained a downtrend at the end of Thursday’s trading session as sell-offs in Dangote Cement, a major...
Read moreDetailsFuel, cars top most imported goods in the world but Nigeria fails to tap into refining
The most imported goods around the world are petroleum and cars, according to data from the Observatory of Economic Complexity,...
Read moreDetailsU.S. Fed tightening may squeeze portfolio flows to Nigeria, emerging markets by $70bn
Tighter U.S. Federal Reserve monetary policy is likely to reduce overseas purchases of emerging market stocks and bonds, according to...
Read moreDetailsAfrican banks face risk of macroeconomic contagion from large holdings of govt securities
Moody's Investors Service says its negative outlook for the African banking system in 2018 reflects high macroeconomic risks that expose...
Read moreDetailsAnalysts foresee Nigeria’s economy in sluggish recovery in 2018 at 2.2%
Financial and economic analysts at Financial Derivative Company (FDC) have foreseen a sluggish economic recovery in 2018. Bismarck Rewane, the...
Read moreDetailsAhead NBS data, headline inflation seen dipping to 15.88% in November
Ahead the release of November inflation numbers on December 19, 2017, by the National Bureau of Statistics (NBS), analysts at...
Read moreDetailsFitch sees bleak outlook for reinsurance on back of Q3 weather catastrophes, depressed prices
Fitch ratings has seen bleak future for reinsurance because of Hurricanes Harvey, Irma, Maria and a couple of earthquakes that...
Read moreDetailsUS SEC warns ‘extreme caution’ over cryptocurrency investments, says there are ‘substantial risks of theft, loss, including from hacking’
Jay Clayton, the head of the US Securities and Exchange Commission has warned bitcoin and other cryptocurrency investors to beware...
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