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Financial Services

January 12, 2018

Africa Update: Fitch says Angola currency move signals policy shift, Moody’s doesn’t anticipate default

LUANDA, Jan 11 (Reuters) – Moody’s assumes the Angolan government does not intend to default on its debt after ambiguous wording in official statements, the ratings […]
January 12, 2018

World Update: Dollar attempts recovery as China hits out at ‘fake news’ report

The dollar recovered Thursday after China hit back over a “fake news” report that it could slow or halt purchases of US Treasuries. The greenback had […]
January 12, 2018

Nigeria Update: Business News CBN to launch N10 billion fund for egg production

The Federal Government, with the support of the Central Bank of Nigeria (CBN), has disclosed plans to launch a N10billion fund for the National Egg Production […]
January 11, 2018

World Update: Dollar dumped on worries China may bail on US bonds

The dollar slumped on Wednesday following a report that China may slow or halt its purchases of US government bonds, with Wall Street stocks also opening […]