Tue Feb 9, 2016/Reuters Nigeria’s decision to collect government payments in one bank account will help limit state borrowing, reduce payment delays and curb corruption, its finance minister said on Monday. Last year, President Muhammadu Buhari ordered the merger of state accounts into one “single treasury account” at the central […]
Tag: Reuters
Global stocks hit the rocks after Asian markets slump
Tue Feb 9, 2016/Reuters By Alistair Smout A drop in bank shares kept European shares under pressure on Tuesday, after losses in Asian markets sent investors scurrying for safe havens. After a choppy morning, the pan-European FTSEurofirst 300 .FTEU3 flattened out, having touched its lowest levels since October 2014 in […]
Nigeria completes mining license review, to publish results next week -minister
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 […]
