April 8, 2016/IMF Nigeria: 2016 Article IV Consultation Summary The Nigerian economy is facing substantial challenges. Low oil prices, a lengthy period of policy uncertainty, and ongoing security concerns, have produced: a widening fiscal gap with salary arrears at state and local governments; a weaker external current account and the […]
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SEC Announces the Collection of 1,662 Share Certificates Recovered from ACML
April 8, 2016/SEC Culled—– Proshare This is to inform the Clients of Alliance Capital Management Ltd (ACML) that the Securities and Exchange Commission has in its custody 1,662 share certificates recovered from Alliance Capital Management Ltd. In view of the above, the Clients whose names appear in the attached lists are hereby advised to visit […]
The IMF Agrees Diplomatically to Disagree on Nigeria’s Exchange Rate Policy
Aprl 8, 2016/FBNQuest Research Culled—–Proshare The IMF’s executive board has concluded the Article IV consultations for 2016 with the FGN, and released the customary press release to announce as such. The board’s discussions are generally based on a staff report, which is published once the member government gives its go-ahead […]
