Government

Bank of Japan holds rates, damps down speculations of rate hike in near term

Haruhiko Kuroda, Bank of Japan (BoJ) chief, has damped down speculation that the central bank is preparing the ground for raising…

Nigeria’s central bank to auction N1.27trn treasury bills in Q1 2018

Nigeria plans to sell N1.27 trillion worth of treasury bills in five auctions in the first quarter of 2018, according…

Nigeria central govt. saves N24.7bn monthly via TSA, IPPIS/BVN implementation

President Muhammadu Buhari has said that the Federal Government has leveraged information and communication technology (ICT) as well as the…

China’s central bank chief warns of ‘sudden, contagious, hazardous’ financial risks

China’s financial system is becoming significantly more vulnerable due to high leverage, according to central bank governor Zhou Xiaochuan, who…

Only $2.5bn of $5.5bn foreign loan request by govt. is new borrowing, Nigerian finance minister explains

Kemi Adeosun, Nigeria’s finance minister has explained that only $2.5 billion of the recent loan request by the federal government…

$2.9bn tax hole looms over South Africa’s finance minister as revenue gap likely to reach 40bn rand, survey reveals

Malusi Gigaba, South African finance minister faces a gaping budget hole and will have to consider cutting spending, raising taxes…