Tag: Nigeria
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Debt squeeze leaves sub-Saharan Africa’s governments in fiscal bind
The International Monetary Fund (IMF) urged sub-Saharan African policymakers last week to cut costly fuel subsidies and raise more in taxes, measures that may...
Nigeria central bank to intervene in forex market, lifts forex ban on 43 items
Nigeria's central bank said on Thursday it plans to intervene in the country's foreign exchange market occasionally to boost liquidity, while ending an eight-year...
Olam Group denies reports of multi-billion dollar forex fraud in Nigeria, shares slump
Singapore's Olam Group on Monday denied reports by the Nigerian media last week, alleging that its units in the African country were involved in a...
Nigeria gets $14 billion investment pledges from India, seeks economic pact
Nigeria has secured nearly $14 billion of pledges from Indian investors and seeks an economic cooperation pact with the South Asian nation, a presidential...
PZ Cussons looks to delist Nigeria unit with offer to minority shareholders
Soap maker PZ Cussons said on Tuesday it has offered to buy out minority shareholders of PZ Cussons Nigeria (PZCN) and aims to de-list...
