Economy

March 20, 2018

Nigeria Update: What’s inside Nigeria’s foreign reserves?

It was former president Obasanjo who started this whole business of turning the nation’s foreign reserves into an achievement to be celebrated. When Obasanjo took office […]
March 19, 2018

Africa Update: Russian-Zimbabwean firm to invest $400m in Zimbabwe platinum

Great Dyke Investments (GDI) Ltd. said on Thursday it would invest about 400 million dollars to build a precious metals mine and smelter in Zimbabwe as […]
March 19, 2018

World Update: I&E Window trades $1.4b as rising reserves calm market

The autonomous foreign exchange (forex) market- Investors and Exporters (I&E) Window hit a daily transactions’ value of $1.4 billion at the weekend, riding on increased confidence […]
March 14, 2018

Africa Update: African Development Bank assesses Africa’s economies, this is how they fair…

The African Development Bank has expanded its flagship publication, the African Economic Outlook, with five regional reports. The regional economic studies were released in Tunis (North […]