Mrs Oby Ezekwesili, Senior Economic Advisor, Africa Economic Development Policy Initiative has called for the review of the country’s foreign exchange policy to encourage foreign direct investment.
Begin process to restore international acceptance for Naira, Ex-CBN boss tells FG
A former Deputy Governor of Central Bank Of Nigeria (CBN), Dr Obadiah Mailafia, has called on the Federal Government to take measures that will make Naira convertible international trading currency.
C&I Leasing targets $100m fresh capital
To consolidate performance, C&I Leasing Plc has concluded plans to raise additional $100 million to expand its fleet operations.
S&P assigns ‘B/B’ ratings, stable outlook on UBA
International Rating Agency, Standard and Poor’s (S&P) assigned its ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United Bank for Africa Plc (UBA).
‘NBGN will be repositioned for effective discharge of its mandate’
Without sounding immodest, I strongly believed, NBGN has done remarkably well considering the short period of its existence and other factors it has to contend with.
The Complacent Economy
Two stories in the papers in the last week ought to serve as a wake-up call to policy makers in Nigeria. They illustrate the challenges facing the Nigerian economy that are capable...
On the forgotten side of electricity policy
How much electricity does Nigeria generate? The popular answer to that question is typically a very low number, much lower than South Africa for instance. According to the Nigeria Electricity Regulatory Commission...
Oando re-strategises to cushion effect of FX volatilities
Oando Nigeria Plc has announced that it has adopted a holistic strategy that would help mitigate impairments resulting from foreign exchange (FX) volatilities in its operations.
NDIC dismisses distress rumours on banks
The Nigeria Deposit Insurance Corporation (NDIC), has described as untrue and a ploy to destabilise depositors’ confidence in banks, the messages making the rounds that some financial institutions are now distressed.