February 8, 2016/Reuters Nigeria has completed a review of its mining licenses and will publish the results next week, the mines minister said on Monday, adding that those who did not comply faced having their licenses revoked. Kayode Fayemi, the minister of solid mineral development, told Reuters that an amnesty […]
Tag: Nigeria
Nigeria seeks cheap loans from international agencies – finance minister
Fri Feb 5, 2016/Reuters Oil producer Nigeria wants to tap financing at “concessionary rates” as low as 1.5 percent from international agencies to fund infrastructure projects before returning to the eurobond market, its finance minister said on Friday. Tumbling oil prices have hit Nigeria’s finances hard, and yields on the […]
IMF Says Ready to Lend Nigeria, Azerbaijan
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, the managing director (MD) of the International Monetary Fund (IMF) on Thursday said the global lender is ready to loan Nigeria and Azerbaijan if the request is made. “The IMF remains available to all its members; so the moment we are asked to […]
