Culled—Proshare October 28, 2016/FBNQuest Research The economic record of this administration will be judged on its fiscal performance. It was therefore encouraging to hear an upbeat yet realistic narrative from the federal finance minister, Kemi Adeosun, at our investor conference yesterday in Lagos. She answered our questions in a prerecorded […]
Updates
IMF says expects board to consider Egypt loan in next few weeks
28/10/2016/Reuters By David Lawder The International Monetary Fund said on Thursday that a $12 billion loan program for Egypt should be ready for board approval in the next few weeks and insisted that it would not call for cuts to food subsidies. “Progress has been made on a number of […]
CBN meets BDCs as Naira depreciates to N466/$
28/10/2016/Vanguard By Babajide Komolafe The Naira yesterday de preciated further to N466 per dollar in the parallel market prompting the Central Bank of Nigeria (CBN) to meet with Bureaux De Change (BDC) operators and Travelex to evolve measures to halt the persistent slide of the currency. Vanguard investigations revealed that […]
