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Nigeria
Sunday, January 21, 2018
Nigeria still investors destination - IMF

Nigeria still investors destination – IMF

Monetary and regulatory authorities in Nigeria have been enjoined to roll out policies that would bring down the inflation rate in the country as...
IMF: Investors concerned about Nigeria controls, but have not given up

IMF: Investors concerned about Nigeria controls, but have not given up

Worries about repatriating funds out of Nigeria following currency controls last year still dominates investor fears, the International Monetary Fund (IMF) said on Wednesday. But...
Nigeria’s External Reserves hit $40.4bn – CBN

Nigeria’s apex bank ends Forex trading week with $288m Retail SMIS

The Central Bank of Nigeria (CBN) on Friday, injected the sum of $287.89 into the Retail Secondary Market Intervention Sales (SMIS) in continuation of...

Diamond Bank strengthens board, appoints Ubosi as Non-ED

Diamond Bank Plc, Nigeria’s fastest growing retail bank, has appointed Mr. Christopher Ubosi as a Non-Executive Director. Christopher Ubosi holds a B.Sc. in Quantity Surveying...
Legacy debts account for $3bn of $5.5bn foreign borrowing – Adeosun

Legacy debts account for $3bn of $5.5bn foreign borrowing – Adeosun

…Says Nigeria’s debt to GDP ratio is within a reasonable threshold   Nigeria's Minister of Finance, Mrs. Kemi Adeosun, has revealed that the Federal Government would...
4 Nigerian sectors get $285.7m Forex injection

4 Nigerian sectors get $285.7m Forex injection

The Central Bank of Nigeria (CBN) has injected a total of $285,759,449.10 into the Inter-Bank Foreign Exchange Market to meet requests in four sectors of...

Nigeria government assures prudent management of secured loans

….IMF, World Bank project higher growth for Sub-Saharan Africa, Global Economy in 2018 Nigeria's Minister of Finance, Mrs. Kemi Adeosun, on Sunday assured that the...
IMF raises concern over rising debt in Africa, calls for adherence to fiscal adjustment plans

IMF raises concern over rising debt in Africa, calls for adherence to fiscal adjustment...

The International Monetary Fund (IMF) has expressed concern over rising public debt in Nigeria and other African countries, calling for fiscal measures to arrest...
Jim Ovia attributes achievements of CBN Governor to training at UNN

How FX restriction on 41 items has boosted reserves, created jobs – CBN Governor

Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, has said the forex restriction placed on 41 items hitherto imported into the country has...
Fidelity Bank restates commitment to growth of SMEs, non-oil sector

Fidelity Bank declares tenders for purchase of $255.5m

Fidelity Bank Plc on Thursday announced received valid tenders for purchase of $255.5 million principal amount of Notes pursuant to its tender Offer. The lender...