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About 628 results for "nigeria outflow"

Nigerian Content plugs $380bn oil industry drain
SweetCrude Reports

Nigerian Content plugs $380bn oil industry drain

*2 million jobs outflow in 4 years *Retains $5.4bn in local economy Yemie ADEOYE 20 November 2014, Sweetcrude, Yenagoa FOUR years after the Nigerian Content Act was passed by the National Assembly, the initiative has saved the country no ... SweetCrude Reports, 2 months ago
Seeking Alpha

Why The Nigerian Naira Could Decline Further

Summary Falling oil prices have weighed on the Nigerian economy in recent months. Nigeria's central bank increased its benchmark rate in 2014 as a means of deterring capital outflows. With oil prices continuing to fall, alongside tighter monetary ...
 Seeking Alpha4 days ago Nigeria: The Naira Faces Further Headwinds Ahead  Ventures Africa1 month ago Naira faces further headwinds ahead Expert  Daily Newswatch1 month ago The naira faces further headwinds ahead  Business Day Nigeria1 month ago

Nigeria's central bank relaxes trade rules

Paul Wallace London Nigeria's central bank loosened rules for buying and selling the weakening naira that were implemented last month and blamed for crushing foreign-currency trading in Africa's largest economy. The maximum net open ...
 IOL1 week ago Nigeria Central Bank Eases Rules for Trading Slumping Naira  BusinessWeek1 week ago Nigeria Central Bank Loosens Rules for Trading Slumping Currency  Bloomberg1 week ago Nigeria Central Bank Relaxes Currency Crashing Trading Rules  AFK Insider1 week ago
Nigeria Punch

Nigeria's C.Bank Intervenes As Naira Dips On Possible JPMorgan Index Cut

From Bloomberg Nigeria's central bank sold dollars to stem the naira's drop to a record low after JPMorgan Chase & Co. said the debt of Africa's biggest economy may be cut from its local-currency emerging-market indexes. Nigeria was placed on ...
 AFK Insider1 week ago Nigeria Intervenes With Dollars as Naira Slides on JPMorgan  BusinessWeek1 week ago UPDATE 1-Nigerian naira hits record low against dollar, despite intervention  Reuters Africa2 months ago Naira falls by 10.5% to N177  Nigeria Punch2 months ago
Nigeria Punch

Oil price fall hits Nigeria bondholders

| credits: Nigeria bondholders are missing out on the global rally in fixed income as the economy reels from the collapse in oil prices and a sliding currency. Average yields on naira government debt soared 2.5 percentage ...
 Nigeria Punch6 days ago Nigeria Bond Investors Feel Pain From Oil's 60% Plunge  BusinessWeek1 week ago

Angola Taps Goldman Sachs for Cash as Low Oil Price Cuts Revenue

Angola, Africa 's largest crude producer after Nigeria, is turning to international lenders including Goldman Sachs Group Inc. for cash as it struggles to adapt to the lowest oil prices in more than five years. The southwest African country ...
 Bloomberg6 days ago
CNBC Africa

STATUS REPORT: JP Morgan Threatens to Remove Nigeria from Key Bond Index

Obinna Chima with agency report JP Morgan at the weekend said it will assess Nigeria's suitability to remain in a key emerging currency bond index it manages because of a lack of liquidity in the African country's foreign exchange and bond ...
 This Day Online1 week ago JP Morgan to assess Nigeria's ability for emerging currency bond index  The Gulf Today1 week ago Negative watch forces Nigeria's Central Bank to intervene  Africa News Network71 week ago JP Morgan plans Nigeria's removal from key bond index  The Nation Nigeria1 week ago
Nigeria Punch

CBN advised to review forex market rules

CBN Governor, Mr. Godwin Emefiele Economic and financial analysts have advised the Central Bank of Nigeria to review its measures aimed at stabilising the foreign exchange markets. The advice came on the heels of JP Morgan Chase & Co's decision ...
 Nigeria Punch6 days ago Emefiele faults JPMorgan on forex market liquidity  Daily Newswatch1 week ago Nigeria's Emefiele Disputes JPMorgan, Says Naira at Right Value  Bloomberg1 week ago Emefiele Pledges Review of Dollar Position  Business World Intelligence1 week ago
Business Recorder

Nigeria's currency market is liquid enough

Saturday, 17 January 2015 00:04 Posted by LAGOS: Nigeria's central bank denied there was any shortage of liquidity in the currency market on Friday, rejecting JP Morgan's stated reason for putting the status of its bonds under review. JP Morgan ...
 Business Recorder1 week ago Nigeria's currency market "is liquid enough" - Godwin Emefiele  The Africa Report1 week ago

JPMorgan Reviews Nigeria Bond Index Inclusion as Naira Retreats

Nigeria 's naira weakened to a record before reversing losses after JPMorgan Chase & Co. said the nation's debt may be cut from its local-currency emerging-market indexes. Nigeria was placed on Index Watch Negative for JPMorgan's GBI-EM indexes ...
 Bloomberg1 week ago
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