Economy

October 26, 2017

Africa Update: West African leaders plan shared currency by 2020

A group of four West African presidents said on Tuesday they planned steps to accelerate the creation of a shared currency for the 15-country ECOWAS bloc […]
October 26, 2017

Nigeria Update: Transcorp records N8.2b profit in Q3

Transnational Corporation of Nigeria Plc (Transcorp) has posted a group profit after tax of N8.2 billion in third quarter (Q3) operations, representing 158 per cent rise […]
October 25, 2017

World Update: Most Asia markets close higher as Aussie dollar tumbles; Nikkei 225 win streak ends

Most major indexes in Asia closed higher on Wednesday as the Australian dollar fell to its lowest levels in three months after inflation missed expectations. The Nikkei […]
October 24, 2017

Africa Update: Moody’s downgrades Angola’s ratings to B2, outlook stable

Moody’s Investors Service has today downgraded the long-term issuer and senior unsecured ratings of the Government of Angola to B2 from B1 and changed the outlook […]