Nigeria 2016 Outlook: A Dim Reflection

February 4, 2016/Cordros Research GLOBAL The global economy is expected to grow at 3.1% in 2015 (vs. 3.4% in 2014) – according to IMF estimates – before picking up modestly to grow at 3.4% in 2016. The lower growth in 2015 was a result of patchy recovery in developed economies, […]

Asia stocks jump as dollar slide boosts oil

Thu Feb 4, 2016/Reuters Asian shares rallied on Thursday as speculation the U.S. Federal Reserve might opt to not raise interest rates at all this year hammered the dollar and sparked a huge rally in oil prices. By some measures the U.S. currency suffered its largest one-day percentage drop outside […]

AfDB to work with African leaders to achieve the High Fives, Adesina tells AU Summit

February 3, 2016/AfDB The African Development Bank’s President, Akinwumi Adesina, addressed the issues of youth employment and migration in a speech delivered before the 34th session of the New Partnership for Africa’s Development (NEPAD) Heads of State and Government Orientation Committee, at the Africa Union Summit in Addis Ababa on […]