Nigeria’s GDP growth fell to 4.03% in Q3 -NBS











The nation’s economy grew more slowly in the third quarter of the year than it did in the second quarter, according to data from the National Bureau of Statistics. The Gross Domestic Product growth rate fell to 4.03 per cent in Q3 from 5 per cent in Q2, the Statistician- General of the Federation, Simon Harry, disclosed on…..















Afreximbank seals $1.2b financing deals with four firms







African Export–Import Bank (Afreximbank) has entered into financing deals worth $1.2 billion with four African companies and a Memorandum of Understanding (MoU) with the African Union Development Agency (AUDA-NEPAD). A breakdown of the transactions, which was consummated in Durban, South Africa, indicated that $750 million…..









AfDB approves $150m to support agriculture in Africa





The African Development Bank Group has approved a $150m facility for ETC Group Limited to address the working capital requirements for the company and its agriculture value chain development in a boost for smallholder farmers……





Low transparency may hamper debt restructuring, World Bank warns





Limited transparency will delay critical debt reconciliation and restructuring of the poorest countries, the World Bank Group President, David Malpass, has warned. He argued that improving debt transparency required a sound public debt-management legal framework, integrated debt recording and management systems, as well as improvements in global debt monitoring…..