A new report by the International Finance Corporation and the World Bank finds that of the 50 economies making the most improvement in business regulation for domestic firms since 2005, 17 are in Sub-Saharan Africa. This year’s report marks the 10th edition of the global Doing Business report series and […]
World News
CBN, Stakeholders Reject Amendment To Exclude CBN Governor, Directors From CBN Board
The Central Bank of Nigeria (CBN) and some Stakeholders in Abuja on Monday, rejected a bill to amend the CBN Act to exclude the Governor, Deputies and Executive Directors from the board of the apex bank. The bill seeks to remove the CBN Governor as Chairman of the Board of the […]
IMF urges African oil producers to avoid exploration ‘white elephants’
The International Monetary Fund has urged African oil and gas producing nations to direct their revenues to infrastructure and education rather than on “white elephants.†Exploration in east and southern Africa has been high in recent months as a result of big oil and gas discoveries in Tanzania, Mozambique, Kenya […]
