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Nigerian Banks Barred From Holding Funds In Dollars

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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

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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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