August 29, 2016/Reuters Facebook Inc. will not become a media company, its founder and CEO Mark Zuckerberg said on Monday, telling students the firm would remain a technology platform. An increasing number of users are turning to social media networks, such as Facebook (FB.O) and Twitter (TWTR.N), to find their […]
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Nigeria FX market trades $327 mln as offshore funds buy bonds
August 29, 2016/Reuters Nigeria’s currency market registered $327 million worth of trades on Monday, about six times more than its usual volume, the market regulator told Reuters. That included a single $270 million transaction at 345 naira per dollar, by foreign investors buying local currency bonds, Bola Onadele, the managing […]
IMF Launches Japan-Funded Project to Improve External Sector Statistics in Central, West African Countries
August 29, 2016/IMF The International Monetary Fund (IMF) launched on August 29, 2016 a three-year capacity development project to improve the external sector statistics in Central and West Africa. Introduced at the African Training Institute (ATI) in Mauritius, this project has been made possible by the generous support of the […]
