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 […]

Naira Strengthens to Week High on Oil Industry Month-End Supply

Nigeria’s naira gained for a second day, advancing to its strongest in a week as oil companies sold dollars to meet month-end local expenses. The currency of Africa’s biggest oil producer appreciated 0.4 percent to 157.35 per dollar, the strongest intraday level since Feb. 25, as of 11:21 a.m. in […]