June 9, 2016/Punch By Ifeanyi Onuba, Abuja Barring any last-minute change in plans, the Governor of Central Bank of Nigeria, Mr. Godwin Emefiele, will today (Thursday) meet with Managing Directors and Chief Executive Officers of all the Deposit Money Banks in the country. The meeting, which is scheduled to hold […]
Updates
Oil Exporters Learn to Live with Cheaper Oil
June 8, 2016 by iMFdirect By Martin Sommer, Juan Treviño, and Neil Hickey The significant and prolonged drop in oil prices since mid-2014 has changed the fortunes of many energy-exporting nations around the world. This applies particularly to countries of the Middle East and Central Asia, because these regions are […]
Nigeria plans to put up to $1.7 billion into capital projects in coming days
Wed Jun 8, 2016/Reuters Nigeria’s government will next week pump much of the 350 billion naira ($1.76 billion) earmarked for capital projects this quarter into Africa’s biggest economy, the budget minister said on Wednesday. The spending is part of efforts by the OPEC member to stimulate an economy that contracted […]
