Industrial textile factory in Botswana. Photo credit: Shutterstock February 2023/World Bank Blog Mari Elka Pangestu New World Bank research shows the agreement among 54 countries would likely draw more foreign direct investment, amplifying its benefits Imagine that a large African textile company wants to set up a new factory in […]

February 6, 2023/FNNQuest Research The most recent data from the CBN shows that Nigeria’s current account moved to a deficit of -USD603m in Q3 ‘22 from a revised surplus of USD861m in Q2 ’22. On a standardised basis, the current account deficit is equivalent to -0.5% of GDP. A striking […]

Image Credit: OilPrice.com February 3, 2023/OilPrice.com Tom Kool Editor, Oilprice.com Oil prices are under pressure from a slew of bearish news coming out of the United States this week, but the looming EU embargo on Russian oil products could still change that. Friday, February 3rd, 2023 Whilst this week may […]