Mon Feb 1, 2016/Reuters Nigeria has held exploratory talks with the World Bank to borrow in order to help fund a record budget in 2016 but has not applied for any emergency loans, Finance Minister Kemi Adeosun said on Sunday. Africa’s top oil producer is planning to borrow as much […]
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South African reserve bank raises repo rate as inflation outlook worsens
Thu Jan 28, 2016/Reuters South Africa’s Reserve Bank raised its benchmark repo rate by half a percentage point as expected on Thursday, saying the outlook for inflation had deteriorated significantly even as economic growth slowed. Nineteen of 31 economists polled by Reuters said the central bank would hike interest rates […]
Opinion: Emefiele: Between a Rock and a Hard Place
January 25, 2016/The Will I read with absolute interest Simon Kolawole’s article, The Parable of Dollars and Dullards, published on January 17, 2015. I read the article at least five times. If I had any hope that the exchange rate crisis was going to be over soon, I […]
