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Nigeria: Govt to Hike Taxes
This Day, 20 November 2014
Following the downward slide in the price of crude oil on the international market, the federal government on Thursday disclosed that it had mapped out strategies to increase taxes… Read more »
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Nigeria: Naira in Free Fall Against Dollar
Vanguard, 19 November 2014
The fortunes of the national currency, the Naira took a sharp turn downwards yesterday as it fell by 270 kobo, with the parallel market exchange rate rising to N180 per dollar from… Read more »
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Nigeria: Austerity Measures Trigger Naira Depreciation, Spike in Interbank Rates
Vanguard, 18 November 2014
The news of the austerity measures rolled out by the Federal Government yesterday triggered further appreciation of the Naira in the interbank foreign exchange market, and increase… Read more »
Nigeria Introduces Austerity Measures
The government has introduced some austerity measures.
InFocus
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Following the increasing decline in the nation's external reserves, rising demand for foreign exchange occasioned by foreign investors divesting from the country in response to the ... Read more »
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Nigeria has become Africa's largest economy, following a rebasing of the country's GDP. According to the Coordinating Minister for the Economy, Finance Minister Ngozi ... Read more »
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Ngozi Okonjo-Iweala, the Minister of Finance, has assured the country that the economy is growing positively despite the reduction of the oil price in international markets. Read more »
