Economy

October 18, 2017

Africa Update: National Bank of Ethiopia applies new policies following the 15% birr devaluation

The financial sector supervisory body, National Bank of Ethiopia (NBE) is going to apply numerous laws on the banking sector following the implementation of the third […]
October 17, 2017

Africa Update: Africa holds the key for feeding 9 billion people by 2050, Adesina says during Norman Borlaug Lecture

Africa holds the key for feeding the nine billion people that will inhabit this planet by 2050, the President of the African Development Bank and 2017 […]
October 17, 2017

Nigeria Update: UBA’s Nine Months Profit Grows by 33% to N78 Billion

United Bank for Africa (UBA) Plc on Monday reported gross earnings of N333.9 billion and profit before tax(PBT) of N78.3 billion for the nine months ended […]
October 17, 2017

Nigeria Update: CBN Maintains Market Liquidity with $195 Million

The Central Bank of Nigeria (CBN) on Monday injected a fresh $195 million into the interbank foreign exchange market, as part of its continued bid to […]