20 bln USD idle in domiciliary accounts of Nigerians: Apex Bank

20 billion U.S. dollars is found to be idle in some domiciliary accounts of Nigerian citizens, which suggests sabotage as local currency continues to fall against dollars, says Nigerian Central Bank.

Nigeria can learn from China’s experience: Media chief

Nigeria can learn from the experience China has gained in its economic reform and development, a media chief executive officer said.

Canada sells off most of its gold reserves

Canada may be one of the world's biggest gold-mining nations but it is emptying its gold reserves.

World in Transition: Brics end with China, Enter the Ticks

There's an uncomfortable reality for fund managers and for the rest of the world. The Brics end with China.

China Renminbi Approved As Main World Currency – IMF

China's Renminbi now declared as main world currency, along with the U.S. dollar, the euro, the Japanese yen and the British pound, which will take effect on 1 October 2016.

Tsipras: Greece Needs Bridge Loan, Not Bailout – Full List of New Greek Govt...

Greece cannot service its huge debt and will seek a bridge loan rather than an extension of its bailout says Prime Minister Alexis Tsipras?. The following is the full list of the new Greek government policy.

Peru To Become World’s Agro Exporting Major Power In 5 years – Minister

In five years from now, Peru is poised to become the world’s biggest agro exporting superpower.

Tsipras, Putin agree to boost bilateral cooperation

Greek Prime Minister Alexis Tsipras and Russian President Vladimir Putin agreed to boost bilateral ties between the two countries.

Africa loses $50bn in illicit finance flows

Weak governance means Africa loses more than $50bn each year in unpaid taxes and money laundering, a new report has found.

Palestinian territories face fiscal crisis, warns IMF

The Palestinian territories in the West Bank and Gaza face a deepening fiscal crisis this year due to the non-transfer of tax revenues from Israel to the Palestinian Authority, the International Monetary Fund has warned.

The 5 Economic Challenges of an Independent Scotland

Completely integrated after 307 years of union with United Kingdom, an independent Scotland’s economic prospects would hinge on its ability to raise its game.

UK to issue China’s RMB as bond to finance govt’s foreign currency reserve

UK government plans to issue the "world's first" Renminbi (RMB) denominated sovereign bond outside China "in the coming weeks" and will be used to finance the government's reserves of foreign currency.