By Agency Reporter Wednesday, 8 Dec 2010 Nigeria is depleting its foreign currency reserves to defend the naira and running down oil savings before elections next year. According to Bloomberg on Tuesday, this may affect investor confidence as the government prepares its first global bond sale. Reserves fell by almost $10bn […]

By Agency Reporter Wednesday, 8 Dec 2010 Ghana‘s parliament on Tuesday, approved a 2011 budget that seeks to cut public deficit and use a series of tax hikes to fund increased infrastructure spending, a parliament official told Reuters on Tuesday. ”It was approved by an overwhelming voice vote,” the official said […]

By Nike Popoola Wednesday, 8 Dec 2010 The Managing Director, Consolidated Hallmark Insurance Plc, Mr. Eddie Efekoha, has said that there is the need for insurance operators to improve on their business strategies in order to be better risk managers. Efekoha said this while delivering a speech, titled, “Infusing a company […]