Most Recent Articles by

Elizabeth Williams

Ghana Delivers Biggest Rate Hike Ever At 300 Basis Point

Ghana's central bank announced a 300 basis point hike in its main lending rate, the West African country's largest ever, after an emergency meeting...

Grand Ethiopian Renaissance Dam: Ethiopia Starts Power Generation From Second Turbine

Ethiopian Prime Minister Abiy Ahmed kick started electricity production from the second turbine at its controversial mega-dam on the Blue Nile on Thursday, despite...

Johnson & Johnson To End Global Sales Of Baby Powder With Talc Next Year

Johnson & Johnson is pulling baby powder containing talc worldwide next year after it did the same in the U.S. and Canada amid thousands...

UK Economy Shrinks In 2Q, Sharpening Recession Fear

The United Kingdom’s economy shrank in the three months to June, figures released Friday showed — a smaller-than-expected contraction that nevertheless added to jitters...

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Kim Flexes US-Range Missile Before Trump Trip

North Korea unveiled the Hwasong-20 ICBM, capable of striking the US mainland, at a new defence museum as Donald Trump hinted at a meeting with Kim Jong Un at the APEC summit in China this November. North Korean leader Kim Jong Un opened a new Defence Revolution Museum...

US Threatens Military Aid Cuts to Nigeria Over Child Soldiers Washington raises concerns over child recruitment by armed groups and gaps in Nigeria’s anti-trafficking efforts. The United States has placed Nigeria on its Child Soldiers Prevention Act (CSPA) list, raising the possibility of restrictions on military assistance, arms sales...

Oyedele Seeks IMF Reforms Over $500bn Debt Cost Gap

Nigeria’s finance minister calls for fairer global lending policies, cheaper financing and stronger support for developing economies. Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called for reforms of the International Monetary Fund (IMF) and World Bank, warning that rising debt costs are...