March 7, 2016/Punch Over the past three years, the flow of investment into the country has been declining due to issues in the economy, which have made Nigeria not to be the darling of foreign investors again, IFEANYI ONUBA writes The Nigerian economy recorded a total decline of $11.68bn (N2.3tn) […]
Tag: Nigeria
Nigerian banks delay loan repayments due to dollar shortage
Fri Mar 4, 2016/Reuters By Chijioke Ohuocha LAGOS (Reuters) – Nigeria’s central bank has tightened restrictions on the flow of dollars to domestic lenders, forcing them to delay hard currency loan and trade repayments to foreign banks and increasing the risk of default, bankers say. Reeling from the slump in […]
GE Partners USAID, FG to Fight Maternal Mortality
March 4, 2016/GE The Nigerian Federal Ministry of Health (FMoH), the National Primary Health Care Development Agency of Nigeria (NPHCDA), the United States Agency for International Development (USAID) and GE today marked the launch of the new Healthymagination Mother & Child Initiative (HMCI), a collaboration that is expected to expand […]
