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
Read more ...Nigerian 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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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, 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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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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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'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 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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Nigeria’s external reserves continued its downswing in 2014 as it dropped to $41.907 billion at the weekend.Checks showed that the current value of the forex reserves represents a decline by four
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Lamido Sanusi Nigeria’s central bank governor has exposed a multibillion-dollar subsidy racket inside the state-owned oil company that may partly explain huge shortfalls in what Africa’s
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