Economy

Political path to economic transformation

By Kingsley Moghalu With economic growth of 0.55 percent in the second quarter of 2017 Nigeria seems headed out of…

Saudi Arabia shrinks Q2 budget deficit as revenue rises 6%

Saudi Arabia's state budget deficit shrank by a fifth from a year earlier in the second quarter of this year…

Nigeria’s mobile economy not gaining traction on low adoption of smart phones, mobile money

The low adoption of smart phones and mobile money are contributing to the low traction being made by Nigeria among…

Nigeria’s film industry seen generating US$1bn in export revenue in next 3 years

Nigeria’s film industry, Nollywood, has been projected to generate US$1billion in export revenue over the next three years, according to…

Mozambique cuts key lending rate to 22.5%

Mozambique’s Central Bank reduced its benchmark lending rate by 25 basis points to 22.5 per cent, the regulator’s website showed…

U.S. economic expansion to last another two years or more, poll shows

A Thomas Reuters poll reveals that the U.S. economic expansion will last at least another two years. according to a majority…

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