Economics

Russia's payment volumes in Chinese yuan now make the country the third largest market in the world outside mainland China for the currency. The ranking is...

PATRICK ATUANYA Twenty-three unbroken years into Nigeria’s democratic experiment, it’s looking like déjà vu all over again for Africa’s most populous nation as current economic realities...

The financial market and by extension global economics is changing very fast than anyone could have ever imagined. Some say the pandemic is over but...

Nigerian companies have seen net cash flows from operating activities deteriorate, which validates a fragile economy. The irony is that they are selling but the...

The Central Bank of Russia (CBR) slashed its key interest rate on Friday from 11% to 9.5%. The regulator noted that inflation in the...

The recent financial sanctions imposed on Russia for its invasion of Ukraine are threatening to weaken the dominance of the U.S. petrodollar as the...

The World Bank has said that poverty reduction stagnated since 2015, with more Nigerians falling below the poverty line over the years. President Muhammadu Buhari...

Nigeria’s economic recovery gained momentum in the third quarter of 2021, as the low base in the non-oil sector supported output and secured a...

China’s property developer Evergrande’s debt crisis that sent shockwaves across the world’s second biggest economy is an eye opener for Nigeria’s policy makers and...

Former Treasury Secretary Larry Summers has warned that monetary policy makers in the U.S. and elsewhere are paying too much attention to social issues...