Tag: European Central Bank

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European stocks hover below five-week high ahead of ECB meeting

The European Central Bank will raise interest rates again on Thursday and likely reel in a key subsidy to commercial banks, taking another big...

Euro zone banks see falling loan demand, tighter access to credit in Q4

Euro zone banks expect to tighten access to credit further in the fourth quarter and see a drop in loan demand as economic growth...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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