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 the experience China has gained in its economic reform and development, a media chief executive officer said.
There's an uncomfortable reality for fund managers and for the rest of the world. The Brics end with China.
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.
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.
In five years from now, Peru is poised to become the world’s biggest agro exporting superpower.
Greek Prime Minister Alexis Tsipras and Russian President Vladimir Putin agreed to boost bilateral ties between the two countries.
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.
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 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.