Tag Archives: Bismarck Rewane

12Jun/15

African nations sign agreement to unify main trade blocs, but will it work?

Nigerian analyst, Bismark Rewane weighs in on the recently signed agreement by representatives from 25 African nations to create a free-trade zone linking three economic blocs that would unite 57 percent of the continent’s population. The deal would combine the Common Market for Eastern and Southern Africa (COMESA), the South African Development Community (SADC), and the East African Community (EAC).
Continue reading

25May/15

Nigeria fuel shortages hit MTN, Guaranty Trust bank

Severe fuel shortages in Nigeria hit the services of Africa’s largest mobile telecoms operator, MTN, and force Guaranty Trust Bank to close its branches nationwide at lunchtime, the companies say.
Continue reading

13Feb/15

Nigerian central bank chief pleads for calm as naira tumbles

Nigeria’s central bank chief insists that there is “no need to panic” about a slide in the currency, despite figures showing that the bank had burned through over 110 million U.S. dollars a day, whilst trying to defend the Naira.

Continue reading