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Excerpts from the November 2014 CBN MPC

As usual with the release of the personal statements of members, Professor Abdul-Ganiyu Garba delivered another rousing piece which I believe you would find educative. At the end of its two day monetary policy committee meeting in November, the CBN abandoned its previous USDNGN peg and signalled commencement of fresh round of tightening. 1,780 more words

Nigerian Economy

Political Question of the Week (3)

The naira has been officially devalued from N155/$ to N168/$. In an import reliant country like Nigeria, this will probably mean costs rising as the value of take-home pay falls. 147 more words

Political Question Of The Week By Bucky Hassan

Effect of Energy Crisis on Nigerian Economic Transformation and Growth Process The Way Forward

Journal: THE NIGERIAN ARMY QUARTERLY JOURNAL

 Volume: 2

Issue No.: 2

Period: June 2006

Author: Dr. Nwogwugwu, U. C. C.

Affiliate Institution: Nnamdi Azikiwe University, Awka. 133 more words

Energy And Environmental Economics

Alchemy of Naira’s devaluation and higher interest rate as Oil price plummets

By Emeka Chiakwelu

As crude oil price continues to nosedive and with limited war chest to
shield naira, the Central Bank of Nigeria (CBN) has officially devalued… 754 more words

FG pays lip service to diversification of Nigerian economy - NBCC

The Nigerian-British Chamber of Commerce, NBCC, has accused the federal government of paying lip service to diversification of the Nigerian economy, saying all along, it “has been a long talk with little action” 426 more words

Read and Gain Knowledge about Nigerian Economy

Nigerian economy is the one of the fastest growing economies of Africa. Rate of growth is increasing with every passing year. There are various factors that are making significant impact on the economy, and Nigerian stock market is one of them. 70 more words

General Business News On Nigeria

FALLING OIL PRICES - Doomsday for Nigeria? (Brief analysis)

The persistent reliance and sustenance of the Nigerian economy’s dependence on oil revenue as always been an issue to worry about. Not until the recent decline in oil prices as it really been pertinent to make this issue a subject matter. 257 more words

Nigerian Economy