World News

Naira Falls as CBN Slashes Dollar Supply

The naira slipped against the United States dollar at the interbank segment of the forex market Monday  as demand for the greenback surpassed its supply. Specifically, the naira fell by 58 kobo at the interbank as it closed at N157.40 to a dollar Monday, compared with the N156.82 to a […]

FG Unveils $9.3bn External Borrowing Plan

The Federal Government Monday proposed a portfolio of concessionary loans totalling $9.3 billion under its 2012-2014 Medium Term External Borrowing Plan and requested the National Assembly to consider and approve it. The proposal consists of an initial request of $7.9 billion which has been pending before the parliament and an […]

West Africa Global Banking & Investment Forum begins in London

By Peter OBIORA InvestAdvocate London (INVESTADVOCATE)-The Second West Africa Global Banking and Financial Investment Forum 2012 begins today in London United Kingdom (UK). The event being organised by BusinessinAfrica Events (BIAE) leading Pan-African Business Communication Company and in partnership with the West African Monetary Institute (WAMI), will bring together West […]