Business

According to Nigeria's Minister of Transportation, Rotimi Amaechi, the low level of industrialisation across Africa is responsible for poor intra-Africa trade.

The naira firmed 2.6 percent on the parallel market to 385 to the U.S dollar on Thursday, as the Central Bank of Nigeria increased dollar supply to a bureau de change operators.

China plans to build an economic zone near Beijing. President Xi Jinping's scheme, called the Xiongan New Zone, promises to transform a little-known patch of northern China into a city of the future.

Bloomberg’s Jonathan Ferro report on an upside surprise in U.S. initial jobless claims.

Nigeria's finance minister Kemi Adeosun says the country needs to ask its economy much harder to produce much more revenues. CNBC caught up with her on the sidelines of the IMF/World Bank spring meetings to discuss the plans for Nigeria's economy.

As the World Bank and IMF Spring meetings come to a close, CNBC Africa's Wole Famurewa spoke to Bismarck Rewane, about the importance of the meetings for Nigeria and Ghana.

Joining CNBC Africa to discuss the state of the Nigerian economy is Atedo Peterside, Chairman of ANAP Business Jets and founder and former chairman of Stanbic IBTC Holdings.

The interventions by the Central Bank of Nigeria continue in the country's foreign market with the apex bank recently selling 280 million dollars across the markets to meet dollar demand.

Need for Nigeria's sustenance of policies to beat recession highlighted.

OPEC Secretary-General Mohammad Barkindo discusses the state of oil markets and possible actions from the organisation.

Interventions by the Central Bank of Nigeria continued with a fresh injection of 280 million dollars across the markets to meet dollar demand.

China's shadow banking is back in full swing, an unintended side effect of the government’s campaign against financial leverage, which has curbed traditional lending and squeezed bond financing.