Some financial experts on Wednesday said that the high Gross Domestic Product rate being recorded by Nigeria had not impacted positively on the living conditions of Nigerians. The experts told the News Agency of Nigeria in Lagos that the statistics only reflected productivity, but not real development. According to them, […]
World News
Nigeria naira firms after cbank rate decision
Nigeria’s naira firmed slightly against the U.S. dollar on Wednesday, a day after the central bank left interest rates on hold and said it would keep monetary conditions tight, dealers said. The central bank kept rates on hold for the sixth time in a row at 12 percent on Tuesday, […]
Nigeria plans 101 bln naira T-bill auction
Nigeria plans to issue 101.21 billion naira ($641.18 million) in treasury bills ranging from 3-month to 6-month maturities at its regular bi-monthly debt auction on Thursday, the central bank said on Tuesday. The bank said it will issue 37.48 billion naira in 91-day paper and 63.73 billion naira in 182-day […]
