Refugee outflows resulting from Nigeria crisis spreading to Ca...

The image of Africa is that of a continent with the beggars bowl, urging richer nations to bankroll development. But a new report has shown that Africa, due to the incorrigible behaviour of its elite, has been for decades a long term net creditor ...

The Nigerian Interbank Offered Rates (NIBOR) increased last week due to withdrawal of about N434 billion from the system through the purchase of government securities and forex. The FSDH Merchant Bank Limited, which stated this in a report at the ...

This is a summary of what was said by UNHCR spokesperson Adrian Edwards - to whom quoted text may be attributed - at the press briefing, on 18 June 2013, at the Palais des Nations in Geneva. With the on-going crisis in north-eastern Nigeria's ...

I would have believed the Nigerian government, had I not travelled to East Africa and seen things for myself. I would have believed that the Nigerian economy was growing in leaps and bounds, had I not been an economist myself and one with a bias for ...

Africa, a continent often considered a net recipient of donor funds and loans, is, in fact, a net creditor of capital and assets to the rest of the world, according to a new report. That sounds like an encouraging indicator, in line with various ...

It has made investments in downstream steel projects in India, driven by the potential of its steel market States raise tariffs, but discoms still in doldrums Subsidised power to agriculture, transmission losses and mounting debt burden weigh ...

Fellow Nigerians, once again I'm compelled to go into Roman history to seek a title for my column this week. I believe that most of us would agree with the Nobel laureate Professor Wole Soyinka, a veteran of many wars, both physical and ...

FOR the Nigerian economy to grow, the nation's foreign exchange earnings must be better managed than is being done now. At all times, the Central Bank of Nigeria (CBN) withholds Federation Account (FA) dollar accruals, and replaces that with CBN ...

• Cautions on expansionary spending, oil subsidies FOR the second time in one week, the Federal Government's economic policies have received the approval of two Breton woods institutions: the World Bank and the International Monetary Fund ...