February 4, 2016/Fitch Ratings statement Fitch Ratings-London-04 February 2016: The Nigerian authorities’ recent economic policy announcements show the response to the oil price shock is coalescing around state-led development to boost economic growth and import substitution to blunt the effects of declining oil receipts, Fitch Ratings says. It is yet […]
Tag: President Muhammadu Buhari
Nigeria, Angola seek World Bank help as oil revenues slide
Tue Feb 2, 2016/Reuters By Alexis Akwagyiram and Herculano Coroado Nigeria and Angola, Africa’s two biggest oil producers, are both in talks with the World Bank about support to help cope with low crude prices, weakening currencies and strained public finances. Nigeria has held exploratory talks with the World Bank […]
CBN says FOREX Officers, BDCs, Customs, NAFDAC to Meet on Dwindling Naira
By InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) has directed a meeting of foreign exchange officers of Banks, authorised dealers, the Nigeria Customs Service, National Agency for Food and Drug Administration and Control (NAFDAC) and the Standard Organisation of Nigeria (SON) on developments in the forex market. This […]
