Fri Mar 4, 2016/Reuters By Ulf Laessing A sophisticated attack on a sub-sea pipeline in Nigeria’s Delta might herald a return to the kind of widespread militant violence that crippled the oil industry in Africa’s top producer less than a decade ago. Attacks on oil facilities have been on the […]
Tag: President Muhammadu Buhari
$20bn idle in Nigerians’ domiciliary accounts –CBN
March 4, 2016 By Sunday Aborisade The Central Bank of Nigeria on Thursday raised the alarm that about $20bn (N3.94tn) was lying idle in different domiciliary accounts of the citizens. The Deputy Governor, Financial System Surveillance, CBN, Dr. Joseph Nnana, stated this during a meeting of the Joint Appropriation Committees […]
Naira gains 6%, sells for 310 against dollar
March 3, 2016 By Oyetunji Abioye The naira gained six per cent against the United States dollar at the parallel market on Wednesday, closing at 310 against the greenback, foreign exchange dealers said. The local currency, which went for between 325 and 330 for one dollar on Tuesday, had been […]
