April 8, 2016/IMF Nigeria: 2016 Article IV Consultation Summary The Nigerian economy is facing substantial challenges. Low oil prices, a lengthy period of policy uncertainty, and ongoing security concerns, have produced: a widening fiscal gap with salary arrears at state and local governments; a weaker external current account and the […]
Updates
The IMF Agrees Diplomatically to Disagree on Nigeria’s Exchange Rate Policy
Aprl 8, 2016/FBNQuest Research Culled—–Proshare The IMF’s executive board has concluded the Article IV consultations for 2016 with the FGN, and released the customary press release to announce as such. The board’s discussions are generally based on a staff report, which is published once the member government gives its go-ahead […]
NSE Sentiments Remained Dampened as Index Down 0.70% to End Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Sentiments on the Nigerian Stock Exchange (NSE), Friday remained dampened as the all-share index (ASI) and market capitalisation went down 0.70 percent to close the week at 25,328.07 points and N8.712 trillion respectively. “Similarly, all other Indices finished lower during the week, with the exception […]
