Sun Mar 6, 2016/Reuters Nigeria’s President Muhammadu Buhari has rejected calls by the International Monetary Fund (IMF) to lift the West African country’s foreign exchange curbs and allow a more flexible rate for its currency. “No,” he told pan-Arab Al Jazeera television in an interviews posted on the station’s website, […]
Tag: InvestAdvocate
Asian shares hit two-month high after solid U.S. job growth
Mon Mar 7, 2016/Reuters By Hideyuki Sano Asian shares hit two-month highs on Monday, extending sharp gains from last week, following upbeat U.S. jobs data, a rebound in oil and commodity prices and a flurry of reassurances from Chinese leaders that the economy would remain on sound footing. European shares […]
Investment inflow into Nigeria drops by N2.3tn
March 7, 2016/Punch Over the past three years, the flow of investment into the country has been declining due to issues in the economy, which have made Nigeria not to be the darling of foreign investors again, IFEANYI ONUBA writes The Nigerian economy recorded a total decline of $11.68bn (N2.3tn) […]
