Nigerian political stability and economic growth after a loan clean-up by a state company created to buy bad debt will spur expansion in the country’s banking industry this year, according to Standard & Poor’s. “Nigerian banks have good prospects in 2013 thanks to strong economic growth and currently broad political […]
Tag: Nigeria
Nigeria Realised $900m from Export of Cocoa in 2012
The Minister of Trade and Investment, Olusegun Aganga has disclosed that Nigeria realised about $900m from the export of cocoa and cocoa products in 2012.He stated this during the National Sensitisation Workshop of the project on Sanitary PhytoSanitary Stardards Capacity Building in Africa at Chelsea Hotel, Abuja.In his address read […]
External Reserves Edge Higher to $48.174 Billion
Nigeria’s external reserves edged higher to close at $48.174 billion on March 12, data obtained from the Central Bank of Nigeria (CBN) showed yesterday. THISDAY also learnt that at its current value, the foreign reserves derived primarily from proceeds of crude oil earnings have improved by 8.65 per cent or […]
