| Thu 26 Jan 2012 |
UPDATE 1-Nigeria rates may rise in 2012 if govt pursues budget expansion The Guardian (Adds further quotes on inflation, reforms) By Ben Hirschler DAVOS, Switzerland, Jan 26 (Reuters) - Nigerian interest rates may need to rise this year if the government pushes ahead with an expansionary budget, Nigeria's central bank governor said on... |
Nigerian rates may rise in 2012 if govt pursues budget expansion Yahoo Daily News | DAVOS, Switzerland (Reuters) - Nigerian interest rates may need to rise this year if the government pushes ahead with an expansionary budget, Nigeria's central bank governor said on Thursday, despite the finance minister's stated wish for a rate re... |
Sanusi Advocates Low Cost, Long Term Infrastructure Financing All Africa This Day (Lagos)-The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, has reiterated the need for long-term infrastructure financing, available at low-cost for the development of the Nigerian economy. | ... |
Ngozi Confirms N1.7 Trillion Fuel Subsidy Spending All Africa Daily Trust (Abuja)-The Coordinating Minister for the Economy and Minister of Finance Dr Ngozi Okonjo-Iweala yesterday concurred with the Central Bank of Nigeria (CBN) on the N1.7 trillion payment for fuel subsidy spending in 2011. | ... |
Davos 2012: All the developments from day two of the summit The Guardian | World leaders, economists and thinkers in Davos, Switzerland, for the second day of the World Economic Forum meeting | • Day one at Davos, as it happened Participants at the 42nd annual meeting of the World Economic Forum in Davos. Photograph: La... |
| Wed 25 Jan 2012 |
Nigeria's chief of police sacked The Daily Telegraph Nigerian President Goodluck Jonathan has sacked the chief of police and his six deputies, the presidency said on Wednesday, a week after the main suspect in a Christmas Day bomb attack escaped from police custody. | Nigerian President Goodluck Jonath... |
Thandie Newton Joins Dominic Cooper And Chiwetel Ejiofor For War-Drama Half Of A Yellow Sun Cinema Blend Financing for playwright turned director Biye Bandele's Half of a Yellow Sun has been finalized, thanks in part to the addition of internationally adored actress Thandie Newton to the cast. Screen Daily reports that the actress, who recently co-starr... |
CBN Extends Common Accounting Year-End to MFBs, Others All Africa Vanguard (Lagos)-The Central Bank of Nigeria, CBN, has directed microfinance banks (MFBs), primary mortgage institutions (PMIs) and finance companies (FCs) to adopt a uniform accounting year end. | ... |
Niger official: Nigeria sect linked to al-Qaida Austin American Statesman | NOUAKCHOTT, Mauritania — Niger's foreign minister says a radical Nigerian Islamist sect responsible for a series of deadly attacks received training and weapons from al-Qaida's North African wing. | Mohamed Bazoum said Wednesday in Mauritania... |
Naira Weakens As Dollar Demand Rises All Africa This Day (Lagos)-The naira fell slightly against the United States dollar at both the Central Bank of Nigeria's (CBN) regulated Wholesale Dutch Auction System (WDAS) and the interbank markets yesterday due to an increase in demand for the greenback. ... |
Bond Market and Infrastructural Financing All Africa This Day (Lagos)-Companies and banks have equally benefitted from the bond market as they have raised several billion of naira as a result of the lull in the Initial Public Offering (IPO) market. | ... |
Youths overrun bombed north Nigeria police station Austin American Statesman | KANO, Nigeria — Jubilant youths overran a blood-splattered police station on Wednesday after it was attacked by a radical Islamist sect, revealing a streak of popular discontent with a government that many say has failed them in Africa's most... |
Australian Mines Appoints Benjamin Bell as Managing Director Mineweb Australian Mines | Australian Mines (ASX: AUZ) is pleased to today advise that Chief Executive Officer, Benjamin Bell has been appointed to the Company's Board of Directors as Managing Director, effective from 23 January 2012. | Mr Bell, a geol... |
Thandie Newton joins Dominic Cooper, Chiwetel Ejiofor on Half of a Yellow Sun Screen Daily | Thandie Newton joins Dominic Cooper and Chiwetel Ejiofor in cast of UK adaptation of best-selling novel set for March shoot. | Thandie Newton is the latest actor to join the cast of writer-director Biye Bandele’s adaptation of the best-selling no... |
Catching the Jimmy Choo-choo train Independent online With a taste for Jimmy Choo shoes and Hermes handbags, Choice Okoro’s idea of shopping is a world away from her mother’s. | “My mother would not pay what I pay for shoes,” said Okoro, a Nigerian professional in her late 30s, a... |
ADB agrees $400 mn deal for Uzbek gas plant Yahoo Daily News | The Asian Development Bank said Wednesday it has approved a loan and political risk guarantee of up to $400 million for a project to build Uzbekistan's largest-ever petrochemical plant. | The ADB said the Surgil Natural Gas Chemicals Project would ... |
| Tue 24 Jan 2012 |
Is Nigeria To Become Africa's Next Failed Nation-state? The Street | By any yardstick, Nigeria, Africa’s most populous nation, should be black Africa’s glittering success story. A member of the Organization of Petroleum Exporting Countries, producing 2.5 million barrels per day (bpd), making it Afri... |
Is Nigeria to become Africa's next failed nation-state? Business Insider | By any yardstick, Nigeria, Africa’s most populous nation, should be black Africa’s glittering success story. A member of the Organization of Petroleum Exporting Countries, producing 2.5 million barrels per day (bpd), making it Afri... |
Capital Market - NSE to Engage FG Over Fiscal Policy All Africa Vanguard (Lagos)-THE Nigerian Stock Exchange, NSE, yesterday, lamented the exclusion of the Nigerian capital market in the fiscal policy of the Federal Government in year 2011, saying it will engage the Minister of Finance and the National Assembly t... |
DMO to Auction N89.7 Billion Bond, As Naira Bows to Demand Pressure All Africa Leadership (Abuja)-The Debt Management Office (DMO) will today hold its first auction for the year with plans to withdraw N89.7 billion from the system through a 10-year sovereign bond. | ... |
Seme Customs Generates N6.24 Billion in 2011 All Africa Leadership (Abuja)-The Nigeria Customs Service (NCS), Seme Border Command, said it generated N6.24 billion in 2011. | ... |
Strike - FG, ASUU Decide Today All Africa Leadership (Abuja)-The Federal Government and the Academic Staff Union of Universities (ASUU) will today conclude talks on the ongoing nationwide strike by the union as the negotiation between the two team was inconclusive yesterday in Abuja . | ... |
Divided They Rule, United They Fall All Africa Leadership (Abuja)-When the protests came to an abrupt but not totally unexpected end last week, I felt partly deflated, betrayed and partly proud and motivated by the energy, creativity and unity that Nigerians showed in protesting the increase in t... |
Subsidy Removal - The Fears and Expectations of Youths All Africa Leadership (Abuja)-The future of any society is rightly built around youth. Therefore, it is not unusual to hear the saying that the future lies in their hands or that they are the leaders of tomorrow. | ... |
Nigeria crisis hurts soap maker PZ Cussons Yahoo Daily News | LONDON (Reuters) - British soap maker PZ Cussons warned it was likely to report disappointing full year profits, pointing to political upheaval in Nigeria, challenging trading conditions in Australia and high raw materials costs. | Shares in the ma... |
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