Economy

August 31, 2018

World Update: Coca-Cola buys coffee chain Costa for £3.9 bn

Coca-Cola on Friday said it had agreed to buy global coffee chain Costa from its UK owner Whitbread for £3.9 billion ($5.1 billion). “Hot beverages is […]
August 27, 2018

Nigeria Update: Nigeria’s GDP grows by 1.5% in Q2- NBS

The National Bureau of Statistics (NBS), said Nigeria’s Gross Domestic Product (GDP) grew by 1.50 per cent year-on-year in real terms to N16.58 trillion in the […]
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 […]