Central Bank of Nigeria Governor Lamido Sanusi said his successor’s main challenge will be to maintain the independence of the institution and any undermining of that may hurt the economy. “If anyone tampered with it, the markets would punish the economy,” Sanusi said in an interview with Bloomberg TV Africa […]
Author: InvestAdvocate
AFRICA INVESTMENT-Trading places: Nigeria-S. Africa GDP duel is not a zero sum game
South Africa could soon lose its status as Africa’s biggest economy to Nigeria, but in the race to be the continental powerhouse being biggest may not be everything. Nigeria, Africa’s No. 1 oil producer, will complete a rebasing of its gross domestic product (GDP) by next month, its statistics office […]
Sabmiller to invest $110 mln in Nigeria brewery expansion
SABMiller PLC : * Sabmiller Plc – Sabmiller to invest us$110 million in Nigeria * Sabmiller Plc Investment will lead to the creation of a further 400 direct jobs (not 300 jobs) * Sabmiller Plc the capacity expansion work has already commenced and is due for completion in the first […]
