In dollar terms, South Africa is once again the biggest economy on the African continent, a position it reclaimed from Nigeria. This was attributed to the...
The Naira closed at 312 against the dollar on Tuesday in a single interbank market trade of $100,000, Thomson Reuters data showed. The local currency was...
China’s consumer prices cool slightly in July, while producer prices contracted. Year-on-year, consumer prices which measures inflation rose 1.8 percent in July, slightly down from 1.9...
The world’s 12th largest economy, Australia’s business confidence weakened in July as the Reserve Bank of Australia failed to cap the rising Australian dollar. This remained...
Amidst efforts by the Federal Government to diversify the economy from oil, the prospects of earning revenue from the non-oil sector are fast fading, owing to...
The Managing Director and Chief Executive Officer, Bank of Agriculture, Prof. Danbala Danju, in an interview with journalists, says rice importation will soon end in Nigeria....
Canada is struggling to emerge from its economic slump. Employment unexpectedly fell in July, with net new jobs down 31,200 and the unemployment rate rising to...
Payrolls jumped in July for a second month and wages climbed, pointing to renewed vigor in the U.S. labor market that will sustain consumer spending into...
The U.S. private payrolls rose more than expected in July, indicating solid labor market, even as job creation is moderating. Businesses across the country added 179,000...
The U.K services PMI fell in July, plunging both services output and new business at fastest rates since March 2009, according to Markit Economics. Services Purchasing...