Gold shines in 2016 on keen investment demand: World Gold Council
REUTERS photo Demand for gold rose in 2016 to a three-year high, aided by keen investment appetite for the precious metal, the World Gold Council said in a report on…
REUTERS photo Demand for gold rose in 2016 to a three-year high, aided by keen investment appetite for the precious metal, the World Gold Council said in a report on…
Nigeria is likely to launch a planned $1 billion sale of Eurobonds this week, its finance minister said on Wednesday. “We’re on course with everything we’re doing,” Kemi Adeosun told…
A general view shows a section of the plant at the Dar Petroleum Operating Company oil production operated in Palogue oil field within Upper Nile State in South Sudan South…
The total economic impact of violence on the world economy in 2015 was estimated to be $13.6 trillion, according to a recent report endorsed by the World Economic Forum (WEF),…
Tanzania will receive a $305 million loan from the World Bank to expand its main port in it main commercial city Dar es Salaam, where congestion and inefficiencies are hampering…
Banks’ assets have depreciated in the last two years, with provisions for Non Performing Loans (NPLs) hitting N856.9 billion, a financial market report has said. The report by the investment…
The Senate yesterday began debate of the general principles of budget 2017 presented to a joint session of the National Assembly by President Muhammadu Buhari on December 14, last year.…
Nigeria’s central bank held its benchmark interest rate at 14 percent on Tuesday, and kept its cash reserve ratios for commercial banks at 22.5 percent, governor Godwin Emefiele said. The…
Prof Uche Uwaleke, an economic expert says he is optimistic that Nigeria’s economy will be ‘out of the woods’ this year. Uwaleke, the Head of Banking and Finance, Nasarawa State…
Nigeria must not scare away MTN, its minister of communications said, as lawmakers investigate alleged illegal money transfers just three months after the government fined Africa’s biggest telecoms firm over…