The Central Bank of Nigeria has directed all deposit money banks to stop the cashing of third-party cheques above N150,000 over the counter in all the states starting from June 1, 2013. The apex bank in a circular on Monday said it had been observed that the policy had succeeded […]
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Nigeria records 4.3% drop in external trade – NBS
The National Bureau of Statistics has said the country recorded a decline of 4.3 per cent in external trade in the 2012 fiscal period. The Bureau, in its fourth quarter 2012 trade statistics report released on Monday in Abuja, specifically said external trade dropped from N29.33tn in 2011 to N28.07tn […]
Libya’s Economic Growth exceeds 100% in 2012-IMF
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Friday said Libya’s economic growth in year 2012 exceeded 100 percent (100%), reflecting a strong recovery from its collapse during the revolution. This is contained in a Press Release from the IMF and made available to InvestAdvocate. The IMF’s […]
