July 30, 2018

Nigeria Update: FCMB Group posts N7b half-year profit

FCMB Group Plc recorded a profit before tax (PBT) of N7.1 billion for the six-months ended 30 June 2018, representing 86 per cent increase from N3.8 […]
July 27, 2018

World Update: IMF warns China against aggressive economic stimulus

China must resist taking aggressive stimulus steps as it navigates troubled economic waters as they could add to excessive debt levels leading to an “abrupt adjustment”, […]
July 25, 2018

Africa Update: Why BRICS bank is loaning South Africa and China $300 million each

JOHANNESBURG (Reuters) – The New Development Bank, set up by the BRICS group of emerging economies, has approved loans of $300 million for energy projects in […]
July 25, 2018

Africa Update: China plans to invest $14.7 billion in South Africa

PRETORIA (Reuters) – China would invest $14.7 billion in South Africa President Cyril Ramaphosa said on Tuesday after talks between the two countries, news that sent […]