Nigeria will seek to unify its multiple exchange rate regime to generate more local currency from its dollar inflows and manage the rate in a sustainable manner, Finance Minister Zainab Ahmed said in
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Bob Diamond’s Nigeria Plan Takes Shape
September 1, 2017 Comment Off 284 ViewsBob Diamond’s ambitions of building a top tier Nigerian bank are taking shape after the sale of a stake in Atlas Mara Ltd. gave him enough cash to make acquisitions in Africa’s most populous
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Osinbajo: how Nigeria can match advanced world
September 4, 2015 Comment Off 95 ViewsVice President Yemi Osinbajo has a well-structured small and medium scale industry was the way to go if the economy must be developed and catch up with the advanced world. Osinbajo
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Buhari Furious Over Diverted Billion-Dollar Chinese Loan
August 11, 2015 Comment Off 67 ViewsNigerian President Muhammadu Buhari demanded an explanation Monday from the finance ministry about a $1.1 billion loan from a Chinese bank that was assigned to rail projects in Nigeria but used
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Loans: Banks publish list of chronic debtors assets for sale
August 8, 2015 Comment Off 87 ViewsSome of the Money Deposit Banks in the country have compiled for sale the lists of houses, hotels, filling stations, schools, among other property used as collateral by debtors in a bid to recover
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Nigeria central bank governor dismisses calls to devalue naira
August 6, 2015 Comment Off 55 ViewsNigeria’s central bank governor has dismissed calls to further devalue the naira amid growing domestic and international concern about the tough outlook facing Africa’s largest economy after
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UK, Nigeria Unveils Emerging Capital Market Taskforce
July 28, 2015 Comment Off 215 ViewsThe Nigeria-United Kingdom Capital Markets Project Tuesday unveiled the Emerging Capital Market Taskforce, which it said, would deepen market capacity and attract domestic and international
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Greece finance minister resigns amid “NO” vote
July 6, 2015 Comment Off 30 ViewsGreek Finance Minister Yanis Varoufakis has resigned from office, hours after voters backed his call to reject creditors’ demands for more austerity in a referendum. Voters in Greek delivered an
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Again, Oshiomhole Tackles Okonjo-Iweala – Says Ex-Minister Mismanaged …
July 2, 2015 1 Comment 77 ViewsThe verbal clash between the immediate past Minister of Finance, Ngozi Okonjo–Iweala, and the Edo State Governor, Adams Oshiomhole, over the management of Nigeria’s finances, may not end any time
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Naira to Fall Further, Say Experts
June 25, 2015 Comment Off 148 Viewsthe Central Bank of Nigeria’s decision to stop foreign exchange sales to importers of 40 items on Tuesday is a good move but it will make the naira to fall further against the dollar, especially at
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