Mon Mar 14, 2016/Reuters By Abhiram Nandakumar Wall Street was slightly lower on Monday as a fall in oil prices weighed on energy stocks and investors paused ahead of the release of a slew of economic data and the U.S. Federal Reserve’s monetary policy meeting. Crude prices, which have dictated […]
Tag: Monetary Policy
Nigeria must “harmonise” monetary and fiscal policies: finance minister
Sat Jan 23, 2016/Reuters By Sujata Rao DAVOS, Switzerland (Reuters) – Monetary and budgetary policies in Nigeria need to be “harmonised” to boost the economy, Finance Minister Kemi Adeosun said on Friday, adding that moves towards this can be expected. Nigeria has just unveiled a large increase in budget spending […]
Nigeria naira eases: c.bank intervention no help
Nigeria’s central bank intervened with dollar sales to lift the naira on Wednesday but strong demand for the U.S. dollar outweighed the move. Dealers said uncertainty about monetary policy following the suspension of central bank governor Lamido Sanusi last week and reduction in foreign portfolio flows continued to weigh on […]
