David Lipton, First Deputy Managing Director International Monetary Fund South African Institute of International Affairs, Pretoria May 8, 2013 I would like to thank the Institute for its invitation. I am honored to speak today before an organization so involved in South Africa’s emergence onto the world stage. South […]
World News
Offshore Remittance to Nigeria Hits N3.3 Trillion
Despite the global financial crisis, which erupted in 2008 that is yet to abate in Europe and United States of America, estimates from the World Bank has put offshore remittances to Nigeria at $21.0 billion (N3.3 trillion). The World Bank estimates, which was quoted by FBN Capital, is consistent with […]
Sanusi Projects Mixed Outlook for Nigeria’s Forex Reserves
The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, Tuesday restated that volatility of global oil prices and weak output performance in domestic economy are factors that may jeopardise Nigeria’s foreign exchanges reserves accretion. Nigeria’s forex reserves, which slipped marginally to $48.723 billion on Monday, […]
