China has funneled billions of dollars into aid, loans and business deals on the African continent in recent years. But as ties continue to strengthen, a former Nigerian finance minister…
Read More China-style state-led growth won’t work in Africa, Okonjo Iweala warns
Ebun Francis| The National Bureau of Statistics (NBS) on Monday said that Nigeria’s Gross Domestic Product grew by 1.95 per cent year-on-year in real terms in the first three months…
Read More Nigerian economy maintains strong growth, grew by 1.95% in Q1 2018 – NBS
Africa’s richest man, Aliko Dangote, over the weekend said he wants to be the biggest philanthropist in Africa. The billionaire businessman made the disclosure during the inauguration of the foundation’s…
Read More I want to be Africa’s biggest philanthropist – Dangote
Despite the tough operating environment, Fidelity Bank plc rode on the back of improved non-interest income, especially tremendous leap in earnings from trade financing and foreign exchange gains, to bolster…
Read More Improved trade, FX incomes push Fidelity Bank profit up 7%
Emeka Ejere| The Central Bank of Nigeria (CBN) said the Nigeria-China currency swap deal would not cover the importation of the 41 items banned in its 2015 circular on items…
Read More 41 banned items not qualified under Nigeria-China currency swap- CBN
