February 24, 2016/IMF An International Monetary Fund (IMF) team, led by Gene Leon, visited Abuja and Lagos during December 14-17 and January 10–25 to conduct the 2016 Article IV consultation. Discussions focused on assessing the economic impact of the sharp decline in oil prices and policies for addressing near-term vulnerabilities, […]
Tag: InvestAdvocate
Naira now 300/dollar as forex supply slows
February 25, 2016/Punch By Oyetunji Abioye The naira rose further on Wednesday against the United States dollar at the parallel market to 300 from 310 on Tuesday. The local currency, which closed at 391 against the greenback last Thursday, had risen to 375 and 310 on Monday and Tuesday, respectively. […]
Nigeria’s FRSC and her penurious N58m media budget
February 23, 2016 By Phrank Shaibu In Nigeria, road safety is still a very complicated, highly misunderstood and an under addressed issue. The reasons are very many but they all hang on a long chain of non appreciation of the magnitude of the problem as a major disaster which claims […]
