The naira appreciated the most in four weeks as an oil producer was said to sell dollars to lenders, boosting supply, Bloomberg reported on Friday. The currency of Africa’s biggest oil producer climbed 0.2 per cent to N157.25 per dollar as of 12:57 p.m. in Lagos, the commercial capital. The […]
World News
Single-digit inflation depends on monetary easing â€â€ÂAnalysts
Analysts and stakeholders have called for monetary easing by the Central Bank of Nigeria as the average inflation rate forecast for 2013 is in single digit, Ademola Alawiye writes Efforts by the Central Bank of Nigeria to attain a single-digit inflation rate finally came to pass last week as the […]
Trade to drop by 15% in 2013  FG
The past one year has been tough for businesspeople in Nigeria and the unpleasant situation may not abate before the end of the year, according to the latest report from the National Bureau of Statistics. The NBS reported that the country’s merchandise trade declined by 11.03 per cent from N29.069tn […]
