Culled—The Guardian Clara Nwachukwu Put ideal exchange rate at N400 to $1 Instituting a single market driven foreign exchange (forex) rate has been identified as a major step to stabilising the value of the Naira against other currencies, while also stemming volatility on account of speculations in system. The Association […]
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AfDB signs loan agreements to finance Busega-Mpigi express highway project linking Uganda and Rwanda
10/1/2017/AfDB Uganda’s Minister of Finance Planning and Economic Development, Matia Kasaija, and Gabriel Negatu, East Africa Regional Development and Business Delivery Office Director General, signed African Development Bank and African Development Fund loan agreements of US $151 million for the Multinational Uganda-Rwanda Busega-Mpigi express highway project on December 29, 2016. […]
Bears Resurface on Nigerian Bourse, NSE ASI Sheds 1.97% Y-t-D
10/1/2017/Cordros Research The bears resurfaced on the domestic bourse, with the All Share Index declining by 0.88% to close at 26,346.24 points. Following today’s unimpressive performance, the NSEASI has shed 1.97% Year-to-Date. Losses were recorded by most indices – save for the Oil & Gas (+0.15%) index which recorded a […]
