Nigeria’s naira depreciated for a second day, heading for the biggest drop in a week, after the central bank reduced the amount of dollars sold at an auction today. The currency of Africa’s biggest oil producer weakened 0.3 percent, the most since Feb. 27 on a closing basis, to 158.05 […]
World News
Sanusi: Nigeria Never Had $67bn Foreign Reserves
The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, has stressed the need for a thorough governance review of transparency and accountability in the oil sector. Sanusi said this while presenting a speech at a forum organised by members of the Metropolitan Club in Lagos Tuesday. […]
Africa Economic Forum on Continent’s Future Opens Today
Leading corporates, state officials, industries, senior executives and economic thinkers on Africa’s economies will today, converge on Sandton Convention Centre, Johannesburg, South Africa, venue of the 7th Africa Economic Forum 2013, to discuss the continent’s economic future. The agenda for the event, organised by Global Pacific & Partners, is shaped […]
