Economy

September 11, 2017

Article Update: Nigeria’s exit from recession is ‘pedestrian’

Nigeria grew 0.5% YoY in 2Q17 vs -1.5% YoY a year earlier. The oil & gas and financial services sectors pulled the economy out of recession. […]
September 8, 2017

Nigeria Update: Economy still susceptible to external shocks, says NACCIMA

Though there are indications that the Nigerian economy is out of recession, continued dependence on imports will make it susceptible to external shocks, says the Nigerian […]
September 8, 2017

World Update: US Fed official sees gradual rate hikes even amid low inflation

The US central bank can continue to raise interest rates gradually, despite persistent low inflation that could suggest a fundamental change in the economy, a top […]
September 8, 2017

Africa Update: West African franc zone maintains interest rate at 2.5 percent

The central bank of the eight nation West African franc zone (BCEAO) has maintained its benchmark interest rate at 2.5 percent, the bank’s director of monetary […]