Tags: Nigeria

Nigeria moving towards a unified exchange rate should be pursued as soon as possible— IMF

The International Monetary Fund (IMF) projects that Nigeria will “muddle through” with its economic policies in the medium term, according to a report by Reuters on Wednesday The lender repeated its call, which it has made for more than a year, for Nigeria to simplify its complex foreign exchange system, which has left large gaps…

Nigeria’s External Reserve Year-To-Date Up-by  $11.936bn from $34.945bn at the end of November 2017  to  $37.78bn December 21

  In 3 Weeks Nigeria’s external reserves recorded Gains $2.834bn shown as one of its most significant jumps this year, when it soared by a prince. Nigeria’s external reserves recorded one of its most significant jumps this year, when it soared by a princely $2.834bn or 8.11% in just three weeks, when it closed December…

 NIGERIA-GHANA ENTER REGIONAL COLLABORATION AGREEMENT ON MARITIME OPERATIONS.

  L-R: Executive Director, Maritime Labour & Cabotage Services, Mr Gambo Ahmed, Director General, Ghana Maritime Authority, Mr Kwame Owusu, Director General, Nigerian Maritime Administration & Safety Agency, NIMASA, Mr Dakuku Peterside, Executive Director, Administration and Finance, NIMASA,  Mr Bashir Jamoh and the Executive Director, Operations, Engr. Rotimi Fasshakin at the signing of MoU between…

Ernest Akinlola, Managing Director/Chief Executive Officer ntel, Nigeria

  New nTel CEO, Ernest Akinlola Ernest is a senior executive with 20+ years extensive experience in Telecoms Media & Technology. He joined the fledgling One 2 One telecoms operator in the UK and was instrumental in establishing a world class internal audit and compliance department. As Head of Department he led the assessment and…

Fitch Affirms Nigeria ‘B+’ Rating, Negative Outlook

  Fitch Ratings Thursday affirmed Nigeria’s long-term foreign currency Issuer Default Rating (IDR) at ‘B+’ with a “negative outlook”. The international rating agency in a statement explained that Nigeria’s rating was supported by its large and diversified economy, significant oil reserves, its net external creditor position, low external debt service ratio and large domestic debt…