Tag: Nigeria

Nigeria revenues take hit from oil theft, delays

Nigeria received gross revenues of 571.7 billion naira in February, lower than the previous month’s revenues of 651.3 billion naira, owing to delayed oil revenues and lower production caused by pipeline vandalism, the accountant general said on Thursday. Accountant General Jonah Otunla said the fall was partly owing to delays […]

UPDATE 1-Nigeria’s Wema Bank to raise 35 bln naira by end-April

* Wema to become national lender again * Bank was one of nine that nearly collapsed during a crisis (Adds details, background) (Reuters) – Nigerian regional lender Wema Bank said on Thursday it will complete a 35 billion naira ($220 mln) private share placement to strategic investors by the end […]

Mexico, Indonesia, Nigeria, Turkey’s Per Capita Income Average $3,450.40-Report

Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Mexico, Indonesia, Nigeria and Turkey’s (MINTs) Per Capita Income (PCI) has averaged $3, 450.40 according to a March 2013 Economic Update Report from Analysts at INVESTMENT ONE Financial Services Limited. According to Analysts at INVESTMENT ONE, Per Capita Income in the MINT countries regarded as current […]