Updates

Nigeria plans asset sales, spokesman denies reported amount

February 14, 2017/Reuters Nigeria will sell some national assets to reduce the burden on government budgets and help pull the economy out of recession, according to official documents, but a ministry spokesman on Tuesday disputed a reported amount. Africa’s biggest economy relies on crude oil exports to fuel its economy, […]

The Rate of Naira Counterfeiting Is Less Than One Per Cent – CBN

Culled—Proshare February 14, 2017/CBN The attention of the Central Bank of Nigeria (CBN) has been drawn to certain spurious and grossly uninformed claims suggesting that about 20 per cent of the Naira currency notes in circulation are counterfeited. While we acknowledge that no currency in the world is immune from […]

IMF Executive Board Concludes 2016 Article IV Consultation with People’s Republic of China — Macao Special Administrative Region

February 14, 2017/IMF On February 13, 2017 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation discussions1 with Macao Special Administrative Region (SAR), and considered and endorsed the staff appraisal without a meeting on a lapse-of-time basis.2 In the 15 years after the return to […]