Author: InvestAdvocate

Nigeria’s new central bank chief starts work, naira in focus

By Chijioke Ohuocha June 03, 2014/Reuters * New governor assumes office as 11th cbank chief * Policy outlook tainted by election risk, falling naira * Incoming chief to stay out of politics, unlike predecessor   Nigeria’s new central bank chief Godwin Emefiele took office on Tuesday with the immediate task […]

Nigeria New Cement Grade Rules Threaten Lafarge Profit Margins

By Emele Onu Jun 3, 2014/Bloomberg   Nigeria introduced new rules for the production and use of cement to lower the risk of building collapse, threatening local profit margins at the country’s biggest international producer Lafarge SA. (LG) The Standards Organisation of Nigeria told manufacturers of the building material that […]

Emefiele to Unveil Agenda June 5

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Godwin Emefiele, new governor of the central bank of Nigeria (CBN), will on Thursday June 05, 2014 unveil his agenda for the plum job as he formerly assumed office today Tuesday June 05, 2014 in Abuja Nigeria. According to a statement signed by Isaac Okoroafor […]