World News

Nigeria oil bill passes second reading in Senate

Nigeria‘s long-awaited oil bill has passed a second reading in the upper house, paving the way for it to go to specialist committees to be discussed, Senate sources said on Friday. The comprehensive Petroleum Industry Bill (PIB) has been more than five years in the making and previous versions failed […]

Nigeria’s Naira Snaps Two-Day Decline on Investor Inflows

Nigeria’s naira appreciated for the first time in three days after the central bank increased sales of Treasury bills at an auction. The currency of Africa’s biggest oil producer gained 0.2 percent to 157.70 per dollar as of 3:50 p.m. in Lagos, the commercial capital, according to data compiled by […]

Communication, Engagement, and Effective Economic Reform: The IMF Experience

By Nemat Shafik Deputy Managing Director, International Monetary Fund London, March 7, 2013 As prepared for delivery I am honored to be with you today to deliver the 2013 Maggie Nally Memorial Lecture, and would like to thank the Chartered Institute for Public Relations for inviting me. Maggie Nally was […]