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  1. UPDATE 1- Nigerian dealers reluctant to trade naira after new cenbank rules

    Headlines

    Thu, 18 Dec 2014

    LAGOS, Dec 18 (Reuters) - Nigerian currency traders were mostly reluctant to quote prices for the naira on Thursday, amid confusion about the impact of a central bank adjustment to foreign exchange trading regulations.

  2. UPDATE 2-Oil price plunge forces Nigeria to slash 2015 growth forecast

    Headlines

    Wed, 17 Dec 2014

    * Deficit at 0.79 pct of GDP (Adds details, background, quotes, analyst reaction)

  3. Are Lower Oil Prices Here to Stay?

    Headlines

    Wed, 17 Dec 2014

    East and Africa. Libya’s resumed production reached nearly one million barrels a day, and increases were also seen in Nigeria and Iraq. Places like Brazil and Kurdistan also started to see production growth. At the same time, slower economic growth

  4. Nigeria 2015 GDP growth projected at 5.5 pct, finance minister says

    Headlines

    Wed, 17 Dec 2014

    ABUJA, Dec 17 (Reuters) - Nigeria 's economy will grow 5.5 percent in 2015, down from an earlier projection of 6.4 percent, due to lower oil revenues, according to the budget the finance minister...

  5. Nigeria telecom operators bemoan multiple taxation

    Headlines

    Wed, 17 Dec 2014

    * Operators say unfairly taxed at local, state and federal level

  6. UPDATE: China Wants to Conduct the World’s High-Speed Rail Market

    Headlines

    Tue, 16 Dec 2014

    in our China Region Fund (USCOX), signed a contract with Nigeria to construct a $12 billion, 870-mile rail system from Lagos ..... pledged to hire at least several thousand workers from Nigeria ,” according to Bloomberg Businessweek. But China’s

  7. Nigerian overnight interbank lending rate spikes to record high

    Headlines

    Tue, 16 Dec 2014

    LAGOS, Dec 16 (Reuters) - Nigeria 's interbank overnight lending rate spiked further by 20 percentage points on Tuesday to 80 percent following drop in liquidity on large naira cash withdrawal by the...

  8. BRIEF-Olidata delivers PCs and printers to Nigerian client

    Headlines

    Mon, 15 Dec 2014

    * Signs final contract for delivery of 2,500 personal computers and 180 printers with International Cooperation Department of National Planning Commission of Abuja, Nigeria

  9. RPT- Nigeria's economic pain may not decide election

    Headlines

    Mon, 15 Dec 2014

    LAGOS/ABUJA, Dec 14 (Reuters) - Nigeria is suffering from a plummeting currency, steep budget cuts, corruption scandals and diving oil prices; yet all this is unlikely to decide a tight race for the...

  10. Investors Stand to Clean Up With This Wide-Moat Firm

    Headlines

    Mon, 15 Dec 2014

    scale in faster-growing emerging markets, where it intends to double its presence with new facilities in China, Brazil, Nigeria , and Indonesia. Growth prospects in several emerging regions, which in the aggregate account for around 40% of annual sales

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