Asia shares dragged lower by Japan, dollar still groggy

Fri Apr 1, 2016/Reuters By Wayne Cole A rout in Japanese shares led Asian markets lower on Friday as a gloomy suite of surveys on Japanese manufacturing sparked heavy fund selling and overshadowed upbeat news from China’s vast factory sector. A renewed slip in oil prices added to the cautious […]

IMF Says Nigeria’s Growth in 2016 Expected to Decline Further to 2.3%

March 31, 2016/IMF On March, 30, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation [1] with Nigeria.   The Nigerian economy is facing substantial challenges. While the non-oil sector accounts for 90 percent of GDP, the oil sector plays a central role in the […]