The Central Bank of Nigeria borrowed N114.97bn ($579.05m) through three-month to one-year Treasury bills on Wednesday at higher returns than in its previous auction, the Debt...
The Federation Account Allocation Committee on Tuesday said the country recorded a shortfall of N20.47bn in gross statutory revenue from N290.96bn in January to N270.49bn in...
Toyota Nigeria Limited has recorded a breakthrough with the unveiling of its first locally-assembled vehicle in Lagos, a Hiace bus. This is coming about two and...
The Chief Commercial officer, Kia Motors Nigeria, Mr. Sandeep Malhotra, was quoted in a statement as saying, “Nigeria remains an emerging and growing economy in the...
Japan’s economy contracted in the last quarter of 2015, underscores growing concern that Prime Minister Shinzo Abe’s Abenomics is falling short of expectations. According to revised...
Oil is gradually pulling away from the market’s lowest level in almost a decade, after U.S. data showed oil production fell to its lowest level since...
Australia’s economy grew more than forecast in the last quarter of 2015, driven by increased home building underpinned by record-low interest rates and plunge in household...
China Credit Outlook Cut to Negative By Moody’s Moody’s Investors Service lowered China credit-rating outlook to negative from stable, citing falling currency reserves, rising government...
Reserve Bank of Australia held its rates unchanged amid higher currency, weaker employment, poor investment and low wage growth. The Reserve Bank of Australia Governor, Glenn...
Sweden’s Economy Expands More Than Estimated Sweden’s economy grew more than estimated in the last quarter of 2015, after the central bank presented record stimulus to...