Yvette Babb News

Godwin Emefiele, Governor, Central Bank of Nigeria

Investors cheer Nigeria currency shift, want more

Nigeria’s recent tentative steps to free up its naira currency, particularly via a new trading window, have gone down well with some adventurous stock and bond investors who are cautiously returning to the markets they fled two years ago.

Africa

African Countries Recalculate GDP, Find Much Higher Numbers

Kenya’s is the latest in a series of rebasings that have reinforced investors’ perception of the area’s growth potential.