LAGOS, June 23 – Nigeria will lift a requirement that foreign investors hold government debt for at least one year on July 1 in a bid to attract new investment and help stabilise the currency, the central bank said on Thursday.
Tag: Nigeria
Nigeria unexpectedly hikes interest rates
ABUJA, May 24 – Nigeria’s monetary policy committee raised its benchmark interest rate by 50 basis points on Tuesday, wrong footing many analysts as it stepped up efforts to curb inflation and ease pressure on the local naira currency.
Nigeria faces challenges of building West Africa's first theme park
This article is as was written by Oyetunji Abioye and published yesterday, May 22, 2011 by Punch, one of Nigeria’s leading newspapers.
Nigerian finmin expects to agree budget by Friday
Nigeria’s government is expected to agree an amended 2011 budget with parliament by Friday, the finance minister said, a version likely to have tighter spending plans than the proposal lawmakers set out last month.
Nigeria budget office sees tighter 2011 budget
LAGOS, May 3 – Nigeria’s government is in talks with parliament over the country’s 2011 budget proposal and expects to agree an amended version with a narrower deficit within weeks, the head of the budget office said on Tuesday.
Nigeria dollar demand easing to "normal" -Sanusi
CAPE TOWN, May 5 – Dollar demand in Nigeria is returning to normal after elections and should be satisfied by central bank sales of $250-$300 million at bi-weekly auctions, Central Bank Governor Lamido Sanusi said on Thursday.
Nigeria violence postpone 2 state elections
Elections for the governors of two states in Nigeria’s predominantly Muslim north have been postponed because of violence, officials have announced.
Charges traded over Nigeria clashes – AlJazeera
Nigeria: death toll rises to 500 – Insideworld.com
According to Insideworld.com the death toll in Nigeria’s clashes in Jos rises to 500. Initially authorities estimated 100 victims. Also the South African website IOL.co.za writes about the 500 people killed Sunday “in communal clashes near Nigeria’s central city of Jos, says a state governor’s advisor, revising a previous toll of about 100 dead”. “We […]
Nigeria: 200 deaths in Jos. Security on red alert
At least 100 people were killed near the Nigerian city of Jos, the scene of recent sectarian violence which left hundreds dead, a government official and witnesses said Sunday. “There has been an attack on Dogo Nahawa. Over a hundred people have been killed — most of them women and children,” a government official who […]