The 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 149 Views
the 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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Nigeria tightens controls on foreign exchange
June 24, 2015 Comment Off 85 Views
The falling oil price has put pressure on the Nigerian currency, the naira The Nigerian central bank has imposed new foreign exchange controls to try to stem the flow of dollars out of the
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Nigeria Breweries Reports Unimpressive Q3 2014 Earnings
October 29, 2014 Comment Off 32 ViewsNigerian Breweries (NB Plc) has announced an unimpressive financial numbers for third quarter (Q3) ended September 30, 2014 hampered by the unfavourable operating environment in the
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It’s Not Ebola Sapping Nigerian Economy, but Boko Haram
October 2, 2014 Comment Off 37 Views
Nigeria’s finance minister Ngozi Okonjo-Iweala says the Ebola virus is having a negligible impact on her country’s economy, but the Boko Haram insurgency is eroding growth
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Nigeria Drops to 127th Place on the Global Competitive Index
September 3, 2014 Comment Off 34 Views
Nigeria, Africa’s largest economy, continued its downward spiral on the Global Competitive Index (GCI) as the country fell seven places to 127th position this year, from the 120th position it was
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US, Nigeria to invest $14bn Obama pledge in infrastructure financing
August 13, 2014 Comment Off 21 Views
Nigeria and the United States have commenced plans to leverage on US President, Barack Obama’s $14 billion investment pledge in Africa, to finance infrastructure development in Nigeria. The
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Nigeria’s Finance Minister Ngozi Okonjo-Iweala honoured by Time Magazine
May 1, 2014 Comment Off 88 Views
The gala was organized by Time to honour those that were listed as the 100 Most Influential People in the World Minister of Finance and Coordinating Minister for the Economy of Nigeria, Dr.
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Nigeria central bank head Lamido Sanusi ousted
February 20, 2014 Comment Off 22 Views
Nigeria's central bank governor Lamido Sanusi has been suspended by the president for "financial recklessness and misconduct". Mr Sanusi caused shockwaves in Nigeria when he alleged that $20bn
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Nigeria’s SEC Told Ecobank to Reinstate Finance Director
February 19, 2014 Comment Off 38 Views
Nigeria’s Securities and Exchange Commission told Ecobank Transnational Inc. (ETI) last month that it should reinstate Laurence do Rego, the former executive director of risk and finance who
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