By InvestAdvocate Lagos (INVESTADVOCATE)- Femi Olaloku, Executive Director (ED), Treasury and International Banking, of the United Bank for Africa Plc (UBA) on Tuesday advised the Federal and State governments to move to diversify the productive base and foreign exchange earnings of the Nigerian economy in order to overcome the challenges brought […]
World News
IMF says its $918 mln aid programme with Ghana is on track
Tue Jun 30, 2015/Reuters The International Monetary Fund’s $918 million aid programme with Ghana is on track and the government has met almost all performance criteria, Joel Toujas-Bernate, IMF Africa Department Division Chief, said on Tuesday after an initial review mission. The IMF held its forecast for Ghana’s 2015 GDP […]
CBN Reports Nigeria’s Foreign Reserves Decline 2.1% to N29.02 Billion by June 26
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) said on Tuesday Nigeria’s foreign reserves declined 2.1 percent to $29.02 billion by June 26 from N29.64 billion recorded May 26, 2015, a Reuters report quoted data available on the CBN’s website. According to the report, foreign exchange reserves in Nigeria […]
