Investment into Nigeria has shriveled as foreigners are put off by capital controls needed to defend the currency’s peg
Ghana is seeking a syndicated loan to reduce budget deficit, while tapping the offshore bond market this year is crucial for Nigeria
Africa’s biggest economy is set to enter a recession—and the president could soon run out of goodwill
Economic ‘beer index’: Hit where it hurts, Nigerians no longer drinking as Guinness profits fall 83%> Paul Wallace
Tough economic times means locals can not afford to even drown their sorrows as numbers from local unit of multinational brewer tell the story.
In March prices at the pump were at their highest level since the country’s National Bureau of Statistics began compiling such data in June 2014
The Buhari government wants to raise as much as $1 billion in international capital markets
11 of Africa's 14 largest markets have fallen more than 10%, as Chinese demand slows and investors anticipate higher interest rates in the US.
The fine exceeds Nigerian government revenues from oil in the second-quarter, and more than double the state’s non-crude proceeds
The one mistake a lot of the countries on the continent are making is taking on so much debt in dollars.