Tag: Nigeria

Revised GDP operational 2014, to capture 42 activities

The National Bureau of Statistics on Monday said the country’s Gross Domestic Product, which is currently being revised, would capture 42 activities. The bureau also hinted that barring any unforeseen contingencies, the country’s rebased GDP would take effect from next year. Currently, Nigeria’s GDP, which is the computation of the […]

Okonjo-Iweala inaugurates Sarah Alade-led NEXIM Board

The Board of the Nigeria Export-Import Bank (NEXIM) recently reconstituted by President Goodluck Ebele Jonathan, GCFR, has been inaugurated by the Coordinating Minister for the Economy (CME) and Minister of Finance, Dr. Ngozi Okonjo-Iweala, with a charge to further boost regional trade in West Africa. Speaking at the Board inauguration […]

Nigerian naira flat, oil firm dollar sales support

Nigeria’s naira closed broadly flat against the U.S dollar on the interbank market on Monday as two multinational oil companies sold about $107 million to some lenders. The unit ended flat at 161.48 naira to the greenback on the interbank, after weakening to 162 naira during intra-day trade. It closed […]