By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s headline inflation climbed for the fourth successive month in 2016, (but sixth in a row) to hit 13.7 percent in April (highest since December 2010) up from 12.8 percent in March, according to the latest reports from the National Bureau of Statistics (NBS). The report […]
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Nigeria denies report of plan to devalue naira; no request for IMF funds
15/5/2016/Reuters By Felix Onuah and David Lawder May 15 Nigeria’s central bank denied a report that it planned to devalue the naira, while the International Monetary Fund (IMF) reiterated that Nigeria would benefit from a more flexible exchange rate but said no request for funds had been made. Talk of […]
ShowMax expands internet TV service to sub-Saharan Africa
16/5/2016/ShowMax ShowMax, the internet TV service launched in August 2015, has expanded its footprint to 36 additional countries across sub-Saharan Africa. In total, ShowMax now supplies subscription video on demand services to 65 countries worldwide. ShowMax (www.ShowMax.com) has officially launched internet TV services to 36 countries across sub-Saharan Africa. The […]
