05 April 2016, Abuja — The Central Bank of Nigeria, CBN has disclosed its readiness to pull out up to…
Browsing: Financing
04 April 2016, Lagos—The Nigeria Sovereign Investment Authority (NSIA), managers of Nigeria’s Sovereign Wealth Funds, said it generated N26.3 billion income…
04 April 2016, Lagos – The Naira on Monday continued to exchange at N321 to the Dollar at the parallel market.…
03 April 2016, Lagos – Nigerian banks are now contending with the spiraling negative effects of global oil crisis, challenging macro- economic…
03 April 2016, Lagos — Nigeria’s state oil company has offered to talk to an international watchdog that says it…
02 April 2016, Nairobi — Latest round of financing to spur Chase Bank’s credit expansion to SMEs as it plans…
01 April 2016, Lagos — Nigeria’s Forte Oil said it plans to raise up to 100 billion Naira ($503 million)…
01 April 2016, Riyadh — Saudi Arabia plans to set up a $2 trillion mega-fund for post-oil era, Bloomberg reported…
01 April 2016, Abuja — Due to its new monetary policy drive the Central Bank of Nigeria, CBN, may be…
In its annual review of Nigeria’s economic situation, the IMF said that gross domestic product growth would slow to 2.3 percent in 2016 from an estimated 2.7 percent in 2015. In February, after IMF officials visited the country, the Fund had forecast 3.2 percent growth for Nigeria in 2016.
