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Nigeria Offers Hand Up to Entrepreneurs

AFRICANGLOBE - The fund was officially launched in Abuja Thursday. The MFBs are in turn expected make the funds available for on-lending to young entrepreneurs, particularly businesses managed by women at reasonable rates.

Show Some Fiscal Discipline, Sanusi Tells Nigerian Government

AFRICANGLOBE - The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, Monday night reiterated the need for Nigeria's Federal Government to imbibe sound fiscal discipline in order to ensure stable exchange and low interest rates in the country. Sanusi, who said this after receiving Forbes African Person of the Year at a dinner in Lagos, said Nigeria could not achieve stable exchange and low interest rates with her current spending pattern.

Nigerian Central Banker Raises Alarm Over Euro Zone Crisis

Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, yesterday raised the alarm of a possible spillover of the economic woes in the Euro Zone to sub-Saharan Africa.
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