LAGOS – Eromosele Abiodun writes that the bid by the Nigerian Stock Exchange (NSE) to move from frontier market to emerging market status is a bold...
WASHINGTON – Stocks gained as foreign markets stabilized and investors awaited word from a two-day Federal Reserve policy meeting that begins Tuesday. The Dow Jones Industrial...
ABUJA – Growth rate in Nigeria’s manufacturing sector rose from 6.5 per cent to 7.7 per cent while the retail and sales sector also went up...
LONDON – Premier League leader Arsenal FC has announced it is changing kit maker to Puma from Nike, after two decades with the US sportswear giant....
MAPUTO – The International Monetary Fund (IMF) and the Government of Mozambique will co-host a conference on May 29-30, 2014, in Maputo to take stock of...
WASHINGTON – With more than half of Sub-Saharan Africa’s population now under the age of 25, and as many as 11 million young Africans expected to...
KAMPALA — The International Monetary Fund has cleared Uganda to increase its debt ceiling on non-concessional borrowing by up to 47%, to allow the East African...
ABUJA – Donald Kaberuka, President of the African Development Bank Group (AfDB) in an interview with newsmen says the AfDB is quite optimistic about the Nigerian...
NEW YORK — The U.S. dollar recovered from a nearly two-month low against the Japanese yen, as the greenback remained vulnerable to major rivals amid heightened...
BRUSSELS – The European Commission has released almost €140 million to finance five development projects for the Republic of Guinea. Following inclusive and peaceful elections held...