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Nigerian Banks Barred From Holding Funds In Dollars

AFRICANGLOBE - The Central Bank of Nigeria today barred banks from holding their own funds in dollars in a bid to to end the speculative pressure on the naira that has seen it fall over 12 percent against the dollar this year.

Sudan’s President Goes Missing at Nigeria Summit

AFRICANGLOBE - Sudan's president Omar al-Bashir failed to turn up at the ongoing Special Follow-Up Summit on HIV/Aids and other related diseases in Nigeria's capital Abuja where he was expected to make a presentation, after a red-carpet welcome on Sunday.
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