Economy

August 27, 2018

Nigeria Update: CBN Pumps $543m, CNY 63m into Forex Market

In another major round of interventions, the Central Bank of Nigeria (CBN), on Thursday, August 23 and Friday, August 24, 2018, injected a total sum of […]
August 6, 2018

Nigeria Update: Nigeria deep in $30tr global loss to inequality

An economist and former Chairman of the United States Federal Reserve, Ben Bernanke, once said: “Income inequality is troubling because, among other things, it means that […]
July 30, 2018

Nigeria Update: FCMB Group posts N7b half-year profit

FCMB Group Plc recorded a profit before tax (PBT) of N7.1 billion for the six-months ended 30 June 2018, representing 86 per cent increase from N3.8 […]
July 27, 2018

World Update: IMF warns China against aggressive economic stimulus

China must resist taking aggressive stimulus steps as it navigates troubled economic waters as they could add to excessive debt levels leading to an “abrupt adjustment”, […]