Nigeria’s naira depreciated to the lowest in two weeks as investors demanded dollars after the central bank sold the least foreign currency at auctions in more than a month. The currency of Africa’s biggest oil producer retreated 0.2 percent to 158.40 per dollar by 2:51 p.m. in Lagos, Nigeria’s commercial […]
World News
CBN’s monetary tightening policy lowers inflation to 8.6%
The monetary tightening policy of the Central Bank of Nigeria is beginning to yield results as the country’s inflation experiences a sharp decline. Figures released by the National Bureau of Statistics on Wednesday in Abuja showed that the country’s inflation dropped to 8.6 per cent in March from 9.5 per […]
Transcript of a World Economic Outlook-IMF Conference
Panelists: Olivier Blanchard, Economic Counsellor and Chief Economist, IMF Research Department Jorg Decressin, Deputy Director, IMF Research Department Thomas Helbing, Division Chief, World Economic Studies, IMF Research Department Abdul de Guia Abiad, Deputy Division Chief, Research Department Gita Bhatt, Communications Department Ms. Bhatt – Good morning. Good day to those […]
