Culled—–iMFdirect August 10, 2016 by iMFdirect By Andy Jobst and Huidan Lin More than two years ago, seeking to revive a moribund economy, the European Central Bank (ECB) embarked on a new monetary policy measure: charging interest on excess liquidity that banks held at the central bank. The move complemented […]
Updates
Top power firms say will turn Nigeria off if not paid
August 10, 2016/Reuters By Chijioke Ohuocha Nigeria’s largest electricity companies will shut down power supplies unless the government pays longstanding bills it owes them and improves gas supplies, a joint statement said on Wednesday. In 2013, Nigeria — famous for blackouts — started selling parts of its moribund state electricity […]
Forte Oil Announces Retirement of Grace Ekpenyong as Non-Executive Director
August 10, 2016/NSE The Board of Directors and Management of Forte Oil Plc hereby notifies the Nigerian Stock Exchange that Dr. Mrs. Grace Ekpenyong has retired as a Non-Executive Director from the Board of Directors of Forte Oil Plc. Dr. Ekpenyong was appointed to the Board of Directors of Forte […]
