October 28, 2008 African Ministers to Discuss Global Financial Crisis in Tunis African Ministers of Finance and Central Bank Governors will, on November 12, 2008, meet in Tunis, Tunisia, to discuss the global financial crisis and its potential impacts on African economies… Read
We will review briefly the response of various governments around the world, but we first ask: what has the financial situation in Nigeria been? And then turn our attention to our foreign reserves, and inquire what the impact of the global crisis might be, noting that: at a quantum of about $62 billion as of October 1, 2008, 67% of the foreign reserves is denominated in US dollars, 24% in Euros, 3.7% in British Sterling, 3.6% in Japanese Yen, 0.1% in Swiss Franc, and the rest (1.6%) in a basket of other currencies… Read
NEMA needs N6.7bn for equipment The National Emergency Management Agency (NEMA) needs about 6.7 billion Naira to procure equipment for disaster management and prevention in the country as it is building a 154,800 strong volunteer squad to boost grassroots response to disaster management nationwide with each of the 774 local government councils expected to produce 200 volunteers… Read
Mansur Ahmed: The Infrastructure Challenge - By Salisu Suleiman The ICRC Act 2005 covers every sector of the economy – highways, railways, airports, canals, dams, water supply, transportation, industrial estates or township development, housing, waste management, drainage, dredging and so on… Read Economic Confidential Factual, Authoritative and Accesible Nigeria's Economic Magazine |
Wednesday, December 10, 2008
Africa: Still on Global Financial Crisis
