Economy

By John Ikani Investors are selling Nigerian bonds at a fast pace due to Moody's downgrade of the country's foreign and local-currency ratings. Consequently, Nigeria's risk premium rose to the highest level in three months on...

By John Ikani President Cyril Ramaphosa of South Africa has announced that the governing ANC party is considering declaring the power crisis a national disaster. The move is similar to the state of disaster declared in...

By John Ikani The Nigerian Content Development and Monitoring Board, (NCDMB) is ever ready to support other African nations in developing and implementing local content policies as a strategy for improving indigenous participation and value optimization...

By Enyichukwu Enemanna A former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, says she was not given fair hearing in all the proceedings leading to the orders granted to the Economic and Financial Crimes Commission (EFCC)...

By Enyichukwu Enemanna Ghana's central bank on Monday announced an increase in its prime interest rate GHCBIR=ECI by 100 basis points to 28%. This comes as the government is expected to finalize a deal with the...

By Enyichukwu Enemanna Nigeria's secret police, the Department of State Services (DSS) on Monday said it has taken into custody some members of organised syndicates allegedly involved in selling the newly redesigned official currency, Naira notes...