Portfolio investment inflow into Nigeria declined by 4.4 per cent from $6.82bn in the first quarter to $6.52bn in the second quarter of 2013, a new report by the Central Bank of Nigeria has shown. The report entitled, ‘Developments in the External Sector of the Nigeria Economy for the Second […]
Tag: InvestAdvocate
CBO predicts more pressure for naira in Q4
Janet Yellen nominated by Obama to head US Federal Reserve
US President Barack Obama has officially nominated Federal Reserve vice-chair Janet Yellen to be the next head of the US central bank. He called her one of the nation’s foremost economists and policy makers. Ms Yellen said if confirmed by the Senate she would do her utmost “to promote maximum […]
