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Reuters Africa Nigeria: A CBN Governor Like No OtherAllAfrica.comMALLAM Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria so likes the sound of his voice that keeping quiet is never an option. He must be heard, no matter the subject, no matter the forum and he seems to have formed the habit of delivering [...]
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Leadership Newspapers Nigeria: CBN Intervenes to Stabilise Interbank Currency MarketAllAfrica.comLess than two weeks after slashing the Net open Position of banks, the Central Bank of Nigeria (CBN) has again raised the figures from one per cent to three per cent. The CBN announced the cuts in the NOP on October 10 after huge demands for [...]
CTV.ca Greek parliament clears new austerity bill amid violent protestsXinhuaATHENS, Oct. 20 (Xinhua) — Greek lawmakers cleared on Thursday evening a new austerity bill, paving the way for foreign lenders to release a loan instalment Greece urgently needs to escape bankruptcy in November, amid violent protests in central …How to Trade on Greek Riots Against [...]
The Guardian Local activists sign on to support Occupy Miami movementMiamiHerald.comAs Occupy Miami takes root outside Miami-Dade's Governement Center, South Florida activists and labor unions are backing the effort. By Laura Figueroa As the Occupy Miami movement continues its effort to gain a foothold in downtown Miami, …New Yorkers Back Occupy Wall Street Protesters, Poll [...]
News Tonight Africa Giving Fuel Subsidy A Bad NameNigeria Master Web (blog)I have, over the last twenty-four months written severally on the need for government to maintain the current fuel subsidy regime. My main argument has been that Nigeria's socio-economic framework is still too fragile to absorb whatever …Pres Jonathan Meets With The Private SectorCHANNELSWe'll [...]
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Reuters Africa MPC tightens interest ratesCHANNELSThe Monetary Policy Committee (MPC) has further tightened liquidity with interest rates going up to 12.00% from 9.25%. The Governor of the Central Bank of Nigeria, Mr Sanusi Lamido made this disclosure at the end of the emergency meeting of the …CBN raises interest rate to 12% to support NairaThe [...]
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• Photo: Sun PublishingDaily SunIf the proposals contained in the 2012 to 2015 Medium-Term Fiscal Framework (MTFF) and the Fiscal Strategy Paper (FSP) presented to the National Assembly by President Goodluck Jonathan on Tuesday is anything to go by, the masses of this country would …Fuel subsidy: they've decided to kill the poor, Nigerians cry [...]
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Reuters Africa Fraud named fuel subsidyDaily SunBy Ikenna Emewu If I were some people that manage Nigeria, there would be times I should admit I have lost ideas of what to do. One of such times is a quagmire where the power and resources managers for the state and mostly for selves lack a quantum [...]
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Reuters Africa Nigerian naira hits record low, cbank unveils new moveInternational Business TimesThe Nigerian naira struck a new record low of 164.85 to the dollar in the interbank market on Thursday, pressured for a second day by the central bank's comments earlier this week that it would not support the currency at all costs. …Nigeria's [...]
BusinessDay Explosion rocks Agip facility in BayelsaNEXTThe Obama flow line at Okoroma-Terekein Nembe Local Government Area of Bayelsa was rocked by an explosion on Sunday. The explosion at the facility, owned by Nigerian Agip Oil Company (NAOC), triggered pandemonium in the sleepy Okoroma-Tereke community. …Explosion Rocks Agip Facility in Bayelsa – ThisDayNigerian BulletinExplosion Rocks Agip [...]
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