CBN Plans N15trn Take-off Equity for InfraCo Post COVID-19
As part of efforts to reposition the Nigerian economy and insulate it from external shocks after the COVID-19 pandemic, the Central Bank of Nigeria (CBN)
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IMF says world economy to contract 3 per cent in 2020
Global economy will contract 3 per cent this year due to coronavirus and shutdowns as part of efforts to mitigate the spread, the International Monetary
Cushioning the pandemic’s effect on the state economy
Speaking about measures needed to cushion the effect of the coronavirus pandemic on the state economy, Commissioner for Budget and Planning Sam Egube said the
Coronavirus: IMF approves debt relief for 25 poor countries
The International Monetary Fund on Monday announced immediate debt relief for 25 poor countries to help them free up funds to fight the coronavirus pandemic.
PoS terminal transactions rise to N1tn
The value of transactions on point of sales terminals across the country totalled N1.01tn in the first three months of the year. Industry statistics from
No fee charged on COVID-19 loan application–CBN
The Central Bank of Nigeria (CBN) says the bank does not charge any fee on COVID-19 loan application as claimed in false reports circulated on
Poor budgetary allocation, releases limiting activities of federal infomation agencies – Lawmaker
Rep. Segun Odebunmi (APC- Ogo-Oluwa/Surulere) says poor budgetary allocation is limiting the activities of National Orientation Agency (NOA), News Agency of Nigeria (NAN) and other
Separate Abacha loot from COVID-19 funds, HEDA tells FG
An advocacy group, Human and Environmental Development Agenda, has warned the Federal Government against mixing up the recovered $322m Abacha loot, being shared to poor
COVID-19: FRC Issues Guidelines for External Auditors
The Financial Reporting Council of Nigeria (FRC) has released guidance for external auditors and matters to consider due to the disruptions caused by the COVID-19
COVID-19 pandemic hits NSE as investors lose N1.87tr in 3 months
Market capitalisation of the Nigerian Stock Exchange (NSE), representing the value of all listed securities took a hair-cut of about N1.87 trillion at the end
