Updates

Nigeria’s naira falls 1.25 pct on parallel market after fuel hike

12/5/2016/Reuters May 12 Nigeria’s naira currency weakened 1.25 percent to 324 to the dollar on the parallel market on Thursday after the West African country raised gasoline prices by 67 percent, traders said. “People are holding on to their dollars in anticipation of an increase in demand for dollars by […]

Nigeria still in talks for foreign loans to fund deficit – minister

12/5/2016/Reuters * Nigeria needs loans to help fund 2 trillion naira deficit * Economic growth suffering as oil revenues slump * Scrapping of fuel subsidy pushes gasoline price up 67 percent * Naira falls as pressure grows for currency devaluation By Felix Onuah ABUJA, May 12 Nigeria is still in […]

Statement by President Buhari at the London Anti-Corruption Summit

12/5/2015/Aso Rock Villa Culled—-Proshare ➢ The Rt. Hon. David Cameron, Prime Minister of the United Kingdom of Great Britain and Northern Ireland and the Chief Host of the Summit, ➢ Fellow Heads of State of Government, ➢ Distinguished Ladies and Gentlemen, I feel honoured and privileged to be invited to […]