By SIMON CONSTABLE
The stock market has a problem.
It has become dependent on new money from those companies buying back their own stock.
By SIMON CONSTABLE
Nigeria's economy is still a mess. Unfortunately, it may be a while before things right themselves.
Like many energy-rich countries, Nigeria's economy got hit hard when oil prices plunged to $26 a barrel in February last year. To put the size of the move in perspective, oil was trading at more than $100 in mid-2014.
Unfortunately, the rebound in crude prices hasn't helped Nigeria much – the list of problems for the country's economy is so long it is hard to know where to start. Read more here.