•Seeks urgent action against financial outflows The Nigeria Labour Congress (NLC) has faulted the continued sale of public utilities by the Federal Government. In an address at a conference in Abuja on Tuesday, the President of NLC, Ayuba ... The Nation Nigeria, 3 weeks ago
NLC decries sales of public utilities - The Guardian Nigeria, 4 weeks ago
Bloomberg The Central Bank of Nigeria used capital controls to stem an outflow of dollars after the naira crashed to a then-record in February 2015 as oil prices slumped. While stabilizing the currency, the controls deterred foreign investors and ...Naija Daily Wire, 1 month ago Nigeria's naira free float move sends it into free fall Destiny Man, 1 month ago Naira Plummets In Shift To Free Float After Oil Slump Uncova, 1 month ago
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FDI outflows from Africa are down 25% to $11.3bn as investors from SA, Nigeria and Angola reduced investment abroad, UnctadGlobal Advisors, 1 month ago Is Foreign Direct Investment Driving Capital Flight from Africa? The Real News Network, 1 month ago
Developing countries, including Nigeria, take a financial hit from students seeking quality education abroad. This is the conclusion of a new study published in Open Review of Educational Research. The authors, Husain Salilul Akareem and Syed ...Financial Nigeria, 2 months ago
NIGERIANbillionaire Aliko Dangote, Africa's richest person, fell 25 places on the Bloomberg Billionaires Index on Monday as the naira tumbled on its first day of trading without a peg to the U.S. dollar. Dangote's fortune fell $3.7 billion, ...Mail & Guardian Online, 3 weeks ago Business mogul, Aliko Dangote, loses $3.7 billion in one day Newsroom.ng, 1 month ago Aliko Dangote loses billions as naira plunges Destiny Man, 1 month ago Dangote loses $3.7billion on plunging naira The Guardian Nigeria, 1 month ago
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Nigeria's naira extended declines for a third day of trading without a peg, even after the nation's central bank said it was confident it had cleared a backlog of foreign-currency demand. The naira fell 0.5 percent to 286 per dollar by 8:40 a.m. in ...Bloomberg, 1 month ago
While majority are happy about the removal the Naira peg to the Dollar at N199 the effect of the Central Bank of Nigeria s decision is being felt by others in a different way Nigerian business tycoon Aliko Dangote has slipped 25 places on ...Uncova, 1 month ago Nigeria's Naira Slide Deepens Even as Central Bank Sells Dollars Bloomberg, 1 month ago
Nigeria's Foreign Minister Geoffrey Onyeama Speaks On Imigration,Corruption,And The Current Tension In The Niger Delta.
Nigerian Foreign Minister Geoffrey Onyeama was scheduled to meet with his German counterpart Frank-Walter Steinmeyer on Wednesday Among the topics on the agenda is the issue of Nigerian migrants coming to Europe Ahead of the talks Deutsche Welle ...Uncova, 1 month ago Nigeria: Foreign Minister - 'Get Our House in Order' AllAfrica.com, 1 month ago Nigerian FM: 'get our house in order' Deutsche Welle, 1 month ago Nigerian FM: get our house in order Daily News Egypt, 1 month ago
Lagos - Nigeria's central bank should impose restrictions on short-term portfolio investment flows to prevent damage caused to Africa's biggest economy if investors exit at short notice, a member of its monetary policy committee (MPC) has said. ...Fin24.com, 2 months ago Nigerian policymaker seeks restriction of portfolio investment -MPC minutes Reuters Africa, 2 months ago
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LAGOS, June 3 (Reuters) - Nigeria's overnight interbank rate fell to an average of 3 percent for overnight lending on Friday, down from 5 percent on ample liquidity from budgetary allocations to government agencies. Nigeria distributes ...Reuters Africa, 1 month ago
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