Nigeria’s Economic Crisis

Nigeria, the second largest economy in Africa, would have grown by 1.6 percent by the end of 2016. This was disclosed by Standard Chartered Global Research, an arm of Standard Chartered Bank. In its adjusted gross domestic product…

The Central Bank of Nigeria (CBN) will this week mop up N245 billion from the interbank money market in a bid to reduce money supply in the economy. This will be achieved through sales of government securities (treasury bills) The…