Nigeria finmin wants lower interest rates in 2012

ABUJA, Dec 14 – Nigeria’s Finance Minister Ngozi Okonjo-Iweala said on Wednesday she wants interest rates to be lowered next year after a “tight” 2012 budget proposal was read to the national assembly this week.

Nigeria president picks World Bank MD for cabinet

ABUJA, July 5  – Nigerian President Goodluck Jonathan has asked the Senate to approve World Bank managing director Ngozi Okonjo-Iweala as a member of his new cabinet, the president of the upper house of parliament said on Tuesday.