World News

Editorial: IMF and the battle to save the Naira

October 19, 2015/huhuonline.com The insistence by the International Monetary Fund (IMF) that the Naira be further devalued as part of efforts to overcome the challenges of a weakening economy and significant losses in oil revenue, is a clear indication, if one was need that the Central Bank of Nigeria (CBN) […]

Fitch: Nigerian Insurance Fundamentals Intact despite Weakening Economy

October 19, 2015/Fitch Ratings (The Agency released this statement on Monday) Fitch Ratings says in a new report that the Nigerian insurance industry will continue to expand, despite recent economic headwinds and significant structural challenges. The industry has experienced declining growth rates in recent years, albeit from a high base. However, […]

Africa slowdown should not stop infrastructure plans – World Bank

Oct 17, 2015/ Reuters Africa should press ahead with plans to develop its transport and energy networks despite a recent slowdown in GDP growth because better infrastructure is key to long term development, the head of the World Bank said on Friday. To that end, governments need to maintain macro-economic […]