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Publication of Two IMF Staff Papers on Financial Development, Inclusion, Trade and Foreign Investment in the GCC

December 6, 2018/IMF EXECUTIVE SUMMARY Diversification of the GCC economies, supported by greater openness to trade and higher foreign investment, can have a large impact on growth. Such measures can… Read more »

Equatorial Guinea: Oil Producers Should ‘Stand Together’

December 3, 2018/Ministry of Mines and Hydrocarbons, Equatorial Guinea The Ministry of Mines and Hydrocarbons, representing the Government of Equatorial Guinea, calls for unity amongst oil producing ahead of this… Read more »

ECONOMY: World Bank Cuts Nigeria’s GDP Growth Rate; States’ IGR Rises to N579.4 billion in H1 2018

November 30, 2018/Cowry Asset World Bank, in its Nigeria bi-annual economic update released on Wednesday, November 28, 2018, revised its earlier forecasted 2.1% growth rate for Nigeria’s Gross Domestic Products… Read more »

Brexit and the Global Economy

Culled—Proshare November 26, 2018 OpEd By MOHAMED A. EL-ERIAN Nov 22, 2018 The United Kingdom’s divorce negotiations with the European Union have dragged on through multiple déjà vu moments, and the consensus… Read more »

Electricity Is Too Expensive In Nigeria

Culled—Proshare November 25, 2018 OpEd By Tope Fasua   Since I gave up paying bills in my house my poor wife has been picking the bills. Of late I’ve been… Read more »

Winds of Change: The Case for New Digital Currency

14/11/2018/IMF By Christine Lagarde, IMF Managing Director Singapore Fintech Festival Introduction Distinguished guests, ladies and gentlemen—good morning and thank you for the opportunity to participate in this important event. In… Read more »

OPINION: I Ran for President in Cameroon. Here is What I Learnt

November 15, 2018 By Akere T. Muna On 6 November, Paul Biya was inaugurated for the seventh time. The 85-year-old has already been in power for the last 36 years… Read more »

Debt-Distressed African Countries Again Look to International Monetary Fund

November 12, 2018 By Akani Chauke By the International Monetary Fund (IMF’s) own admission, there are circumstances where African governments’ debt levels are so high they become unsustainable, such that the… Read more »

Overview of Markets in October 2018 and Outlook

November 6, 2018/Cordros Report October in retrospect    Sentiments were broadly negative across most global markets within our coverage, with all the major benchmark indices posting losses.  Mixed trading was the… Read more »

Outlook for Africa’s oil & gas industry improves – PwC report

November 6, 2018/PwC The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external conditions have placed pressure on oil &… Read more »

 

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