Economy

November 30, 2017

Nigeria Update: Fitch Releases Ratings on Two Nigerian Banks

Fitch Ratings has retained its ‘AAA’ national rating on Stanbic IBTC Holdings Plc as well as Stanbic IBTC Bank Limited. his is just as the international […]
November 29, 2017

Nigeria Update: Nigeria owes World Bank Group $7.8b

A new report has shown that Nigeria owes 51 per cent of its cumulative $15.35 per cent external debt to the World Bank Group. A report […]
November 28, 2017

Africa Update: Libya navy says over 30 migrants dead, 200 rescued off coast

More than 30 migrants died and 200 were rescued on Saturday after their boats foundered off Libya’s western coast, the Libyan navy said. The coastguard conducted […]
November 28, 2017

Africa Update: Zimbabwe declares Mugabe’s birthday a holiday

Zimbabwe has made former president Robert Mugabe’s birthday a public holiday, a state daily reported Monday, nearly a week after the long-time ruler stepped down. “It […]