Economy

Kenya Central Bank Governor Patrick Njoroge speaks during a news conference at the Central Bank in Nairobi, Kenya November 28, 2018. REUTERS/Njeri Mwangi Kenya’s central bank held its benchmark lending …

The World bank forecast higher South African economic growth this year compared with the previous year, but warned of risks such as global trade tensions and poor balance sheets of …

The International Monetary Fund on Monday cut its world economic growth forecasts for 2019 and 2020, due to weakness in Europe and some emerging markets, and said failure to resolve …

The Minister of Finance, Zainab Ahmed, on Thursday said that $1.1billion loan would be required for the implementation of the Nigeria-Brazil Cooperation Project Agriculture “Green Imperative.” She made the disclosure …

The Grand Patron of the Legacy Group International (LGI), a non-governmental organisation, Dr. Kenny Martins, has said the economy, which experienced a horrendous time last year, may suffer beyond May …

Egypt’s central bank left its key overnight interest rates steady on Thursday, keeping the deposit rate at 16.75 percent and the lending rate at 17.75 percent. All 13 economists polled …

Lagos State economy would grow by four per cent in 2019, the Governor, Akinwunmi Ambode, said. Ambode, who spoke at separate meetings on Tuesday in an address he delivered to …

President Muhammadu Buhari has told Governors of the 36 states of the federation that the economy of the country was in a bad shape. The President met with the Governors …

Nigeria risks a relapse into recession, the Central Bank of Nigeria (CBN) said yesterday. CBN Governor Godwin Emefiele told reporters at the end of the Monetary Policy Committee (MPC) meeting …

Nigerian inflation dropped for the 18th consecutive time 11.23 per cent in June to 11.14 per cent in July, 1.28 per cent points below Federal Government’s projection. The Federal Government …