Tag: $15 billion

Russian bailout wins Ukraine economic respite but deepens political rift

Ukraine’s President Viktor Yanukovich has secured a $15 billion bailout from Russia, offering respite for an economy heading ever closer to default but also drawing accusations he has sold his country out to its former Soviet master. By grasping the lifeline thrown by Russian leader Vladimir Putin, Yanukovich reignited demands […]

Foreign investment in Nigeria capital market hits N2.4trn

An Economist with the Lagos Business School has said the foreign portfolio investment in Nigeria’s capital market reached $15 billion (N2.36 trillion) in 2013. Dr Doyin Salami said Nigeria remains one of the fastest growing economies in the world due to increase in activities, international trading relations and reduction in […]