October 6, 2016/IMF On October 3, 2016, the Executive Board of the International Monetary Fund (IMF) approved a modification of the mechanism governing interest rate setting of PRGT facilities and set the interest rates to zero on all Fund concessional loans under the PRGT for the next two years through […]
Updates
Nigeria’s parliament asks Buhari to explain strategy to fight recession
October 6, 2016/Reuters Nigeria’s parliament asked President Muhammadu Buhari on Thursday to brief lawmakers on the government’s strategy to drag the West African nation out of recession, lawmakers said. Such a briefing would “enable the National Assembly take further legislative action,” said a motion which was approved by both chambers […]
NSE: Domestic Investors Marginally Outperform Foreign Counterparts in August 2016
October 6, 2016/NSE On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their foreign portfolio investments (FPI). The table below shows an analysis of transactions on The Exchange at the end of August 2016. Table 1: Analysis of Transactions for the […]
