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Nigeria’s Foreign Reserves Hit $46 Billion

Nigeria’s Foreign Reserves Hit $46 Billion   Nigeria’s Foreign Reserves are steadily heading towards the $50 billion mark, berthing at $46 billion as at the close of business on Friday, March 9, 2018. Figures obtained from the Central Bank of Nigeria (CBN) at the weekend indicate that...

General Electric to invest N46bn in Nigeria

A United States’ industrial firm, General Electric has announced its plans to invest about $150m (N45.8bn) in Nigeria by 2017. “There are development projects where we are investing,” the Chief Executive Officer, General Electric in Africa, Jay Ireland, told the Financial Times Africa Summit in...