Economy

October 26, 2018

World Update: Twitter tops earnings estimates, lifting shares

Twitter reported Thursday stronger-than-expected profits and revenues in the third quarter, igniting a strong rally in shares of the key social network. The San Francisco group […]
October 23, 2018

Nigeria Update: NNPC, others silent over United States court’s $6.59 billion gas contract fine

The Ministry of Petroleum Resources, the Department of Petroleum Resources (DPR), and the Nigerian National Petroleum Corporation (NNPC), are yet to take a position after a […]
October 23, 2018

Africa Update: Kenyans warned against online forex trading through unlicensed entities, what you need to know

NAIROBI (Reuters) – Kenya’s Capital Markets Authority (CMA) warned Kenyans on Monday against online foreign exchange trading through unlicensed entities, saying they risked losing their investments. […]
October 19, 2018

Africa Update: Why banking in a cashless society will require African solutions for African problems

African economies are well positioned to benefit from rapidly accelerating technological change if they can harness the current open landscape for innovation. East Africa is already […]