Economy

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 […]
September 8, 2017

Article Update: 4 other data that confirm Nigerian economy is ‘great again’

In what is the trending news in the Nigerian economic sphere, the National Bureau of Statistics released Q2 2017 figures, which indicated a 0.55% growth in […]
September 8, 2017

Article Update: One big setback from the latest GDP report and it’s ugly

The National Bureau of Statistics confirmed on Tuesday, September 5, 2017 that Nigeria was firmly out of recession, following a second quarter GDP growth rate of 0.5%. […]