March 4, 2016 By Sunday Aborisade The Central Bank of Nigeria on Thursday raised the alarm that about $20bn (N3.94tn) was lying idle in different domiciliary accounts of the citizens. The Deputy Governor, Financial System Surveillance, CBN, Dr. Joseph Nnana, stated this during a meeting of the Joint Appropriation Committees […]
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Christine Lagarde IMF’s MD to Speak at MIT’s Compton Lecture Series March 4
By InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, the managing director (MD) of the International Monetary Fund (IMF) will today March 4 speak at the MIT’s Compton lecture series. Her lecture is “Demographic Change and Economic Well-being: The Role of Fiscal Policy” and is part of MIT’s Compton Lecture Series, according to the IMF […]
South Africa’s MTN expects Nigeria to devalue naira this year
Thu Mar 3, 2016/Reuters South Africa’s MTN Group expects Nigeria to devalue the naira by up to 22 percent at some point this year, chief financial officer Brett Goschen said on Thursday. Africa’s biggest wireless operator is in talks with Nigerian authorities to reduce a $3.9 billion fine imposed last […]
