Despite an increase in the inflation rate to 12.3 per cent, financial analysts have said that the rate will decline to a single digit in 2013. FSDH, in a report made available to our correspondent on Wednesday, stated that though inflation rate remained in double digit for December 2012, it […]
Tag: Nigeria
Oteh: Siemens, Korea Electric, Others May List on NSE
Investors in Nigeria’s power assets may be required to list on the Nigerian Stock Exchange (NSE) in the next five years as the bourse targets a $1 trillion market value by 2016. The Director-General, Securities and Exchange Commission (SEC), Arunma Oteh, disclosed this in an interview with Bloomberg. The government […]
Investment of SWF to begin March 2013 – FG
The Federal Government on Thursday said it would from March 2013 begin the investment of the Sovereign Wealth Fund as mandated by the Act setting it up. The Minister of Finance, Dr. Ngozi Okonjo-Iweala, said this in a statement issued by her Senior Special Assistant on Communications, Mr. Paul Nwabuikwu. […]
