South Africa slips into recession
Just like Nigeria, South Africa has entered recession for the first time in eight years, data from Statistics South Africa
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FORIEGN ECONOMY
Ghana finds $1.6bn hole in budget
Ghana’s budget deficit could be twice as big as previously forecast, Finance Minister Ken Ofori-Atta said a day after the
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Trump appoints Ogunlesi, a Nigerian, into economic team
Nigerian businessman, Adebayo Ogunlesi, has been named as one of the people who will advise US President-elect Donald Trump on
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China’s forex reserves fall to 5-year low
China’s foreign exchange reserves dropped $19 billion in September to a five-year low, government data showed, with the central bank
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Bank of England warns Brexit risks materialising
The Bank of England warned Tuesday that risks to financial stability were materialising after Britain’s shock EU exit referendum, as
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The Monday after Brexit
The New York Stock Exchange has opened and the Dow Jones Index promptly dropped by 148 points, or 0.85 percent.
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Tit bits on Brexit
Mayor Sadiq Khan: ‘I believe that Britain is better off within the European Union, but the British people have clearly
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