South Africa could soon lose its status as Africa’s biggest economy to Nigeria, but in the race to be the continental powerhouse being biggest may not be everything. Nigeria, Africa’s No. 1 oil producer, will complete a rebasing of its gross domestic product (GDP) by next month, its statistics office […]
Capital Market
Finish the Job on Financial Regulation
By José Vinals’ Brisbane and Basel may be 10,000 miles apart, but when it comes to financial regulation the two cities will be standing cheek by jowl. At the next summit of the Group of Twenty advanced and emerging economies, to be held in Brisbane in November, political leaders will […]
Nigeria to Sell Abuja Commodity Exchange Stake to Revive Market
Nigeria’s government plans to sell its ownership of the Abuja Securities & Commodities Exchange by the middle of the year after missing an initial deadline in a plan to revive trading. “The government wants to privatize the only commodity exchange and it had committed to doing it by the end […]

