Economy

March 13, 2018

World Update: Trump sharpens trade row, threatening to tax German cars

US President Donald Trump has singled out Europe in a billowing trade row, threatening to tax German cars if the European Union doesn’t lower barriers to […]
March 13, 2018

Africa Update: AfDB mulls plans for Africa’s $170 billion infrastructure fund

The African Development Bank (AfDB) has said it is in talks with its Governors to unravel strategies that are effective and efficient in closing Africa’s $170 billion […]
March 9, 2018

World Update: BMW posts record net profit of 8.7 bn euros for 2017

German luxury carmaker BMW said Thursday its 2017 net profit soared 26 percent to a record 8.7 billion euros ($10.7 billion), driven by strong demand for […]
March 9, 2018

Nigeria Update: Lagos grants N4.9b loans to 5,800 businesses, targets digital economy

Lagos State government has granted N4.9 billion loans to 5,800 small and medium scale businesses.  The Chief Executive Officer of the Lagos State Employment Trust Fund […]