The World Bank has decried the quality and relevance of data from Nigeria and other African countries, which it described as largely obsolete. The bank’s Director, Department of Economic Policy and Poverty Reduction Programmes, Africa, Mr. Marcelo Giugale, stated this in a report e-mailed to THISDAY at the weekend. He […]
World News
Obstacles on the path to effective cash-less policy
One year after the commencement of the cash-less policy in Lagos, stakeholders say the initiative is still faced with many problems, ADEMOLA ALAWIYE writes The cash-less policy started in Lagos on January 1, 2012, with the aim of promoting the use of electronic means of transactions and making the country […]
U.S. dollar trades above 86 yen, first time since August 2010
The U.S. dollar traded above 86 yen on Thursday for the first time since August 2010 on expectations that Japan’s new prime minister would push for policies to weaken the Japanese currency. Traders also cited option barriers being breached at the 86 yen level. The dollar rose as high as […]
