Nigeria’s potential can be unlocked through sustained infrastructure growth and development, even as the nation continues to seek the transformation of the power sector through public private partnership initiatives, Mr. Kayode Akinkugbe, Managing Director, FBN Capital has said. Speaking at the 1st FBN Capital Project and Infrastructure Finance Conference in […]
Uncategorized
Patronage politics boosts demand for dollars in Nigeria
Managing a monetary system is hard work in any country. But in Nigeria, Lamido Sanusi, central bank governor, has an additional problem: a surge in US dollar demand as politicians build war chests for an election still 18 months away. The stakes ahead of the presidential 2015 poll, in which […]
Monetary tightening more likely than easing – CBN
The Central Bank of Nigeria is more likely to tighten monetary policy than ease it in the months ahead, the Governor, CBN, Mr. Lamido Sanusi, has said. “We’re likely to remain where we are but if we’re going to move at all, we’re more likely to tighten than to ease,†[…]
