Browsing: Nigeria

Africa’s growth remains uneven, with East Africa out-pacing the rest of the continent; the continent grew 3.8% in 2018, with Sub-Saharan Africa rising somewhat slower, at 2.6%; FDI into Africa remains small by global standards, but prominent in relation to GDP; The US and Western Europe remain Africa’s largest investors; FDI flows to the most diversified, business friendly economies.

CBN to disburse lower currencies to microfinance banks. The Central Bank of Nigeria (CBN) says it has released guidelines for the disbursement of lower denominations of the Naira through microfinance banks (MFBs) across the country.