AFRICANEWSWIRE.NET (April, 02 2015) The Nigerian Employers Consultative Association has predicted a capital outflow and a loss of the country's competitiveness if the inflation rate continues to rise in the coming months. It explained that import ... Africa News Wire, 1 month ago
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By Udeme Clement Huge investments outflow hit Nigeria as investors withdrew N4.9trillion from the economy. This came weeks after foreign investors pulled N846.53 billion investments from the Nigerian Stock Exchange (NSE). While some economic ...Vanguard, 1 month ago N4.9 Trillion Investment Outflow Wrong Signal for Nigeria - LCCI DG [interview] Individual.com, 1 month ago Foreign investor outflows at NSE hit over Sh3bn in quarter one Business Daily Africa, 1 month ago
Diving oil revenues and capital outflows have depleted Nigeria's central bank reserves perilously close to below $30bn. Less than two years ago the Central Bank of Nigeria had gross reserves of almost $50bn, but its warchest has been deflated by ...Business Day Nigeria, 1 month ago FG's Revenue Hits N711 Billion in January This Day Online, 1 month ago Govts revenue hits N711bn in January SweetCrude Reports, 1 month ago
LAGOS May 15 (Reuters) - Nigeria's interbank lending rates rose to 14.25 percent on average on Friday from 9.25 percent last week, after state-owned energy company NNPC recalled some of its deposits from banks. NNPC sells dollars to some ...Reuters Africa, 1 week ago Cost of Funds Rise on Treasury Bills Sales Individual.com, 1 week ago Nigerian interbank rates rise on Treasury bills sales Reuters Africa, 2 weeks ago Interbank rates rise after Treasury bills sales PM News Nigeria, 2 weeks ago
Summary April inflows of $2.4bn into emerging market ETFs reverse Q1 outflows. But Chinese and Hong Kong tracking ETFs seen $7.2bn of outflows in April. Net $18bn withdrawn from Chinese and Hong Kong ETFs in last 12 months. In the wake of ...Seeking Alpha, 1 week ago
It will be a mistake to attribute all these problems to the outgoing administration alone. Nigeria's current economic problems have accumulated over a long period and the change of administration offers an opportunity to reflect and act on Nigeria's ...Individual.com, 2 weeks ago Nigeria's economic ambitions: The challenges The Guardian Nigeria, 2 weeks ago
Hoy S ean Hoy assumed duties as the Ambassador of Ireland to Nigeria in September 2014. He has since travelled to seven states of the federation across the regions. In this interview with Foreign Affairs Editor, OGHOGHO OBAYUWANA and ABOSEDE ...The Guardian Nigeria, 2 weeks ago
By Sola Alabadan / News Editor, Sunday Fitch Ratings Ltd says the prospect of a smooth transfer of power in Nigeria alters but does not remove risks to the country's sovereign credit profile related to March's elections. This comes as ...Nigeria Daily Independent, 1 month ago Fitch: Nigeria Transition Smooth but Creates Policy Uncertainty Reuters Africa, 1 month ago Nigeria's transition smooth but creates policy uncertainty: Fitch CNBC Africa, 1 month ago
(Bloomberg) -- President Goodluck Jonathan left the floor of the Nigerian Stock Exchange after a visit two weeks ago to traders singing For He's a Jolly Good Fellow. Some investors would prefer that he keeps walking. Since rising to a five-year ...Bloomberg, 1 month ago
Mbeki said countries such as Nigeria and South Africa should have the necessary legislation to be able to deal with the problem properly. "It is necessary for the countries to have the legislative framework which enables them to act to identify ...Look Local, 1 day ago Nigeria, others lose $50b yearly from illicit financial flows, says EFCC The Nation Nigeria, 3 weeks ago Illicit finances: Mbeki's plan to 'Track it. Stop it. Get it' Daily Maverick, 1 day ago
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