Worldld Bank puts Mozambique’s economic losses from Cyclone Idai at up to $773m
The World Bank estimates the direct economic losses from Cyclone Idai in Mozambique to range from $656 million to $773 million, covering damage to buildings,
Category : Finance
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CBN disburses N174.48 bn under Anchor Borrowers Programme — Official
The Central Bank of Nigeria (CBN) says it has so far cumulatively disbursed N174. 48 billion through 19 financial institutions under its Anchor Borrowers Programme
NSE moves 232.77m shares in positive trading
The Nigerian Stock Exchange (NSE) on Friday moved 232.77 million shares valued N1.97 billion exchanged in 2,677 deals. TBI Africa said the News Agency of Nigeria
AfDB approves $15 million InfraCredit investment package
The Board of the African Development Bank (AfDB) has approved a $15million investment package to Infrastructure Credit Guarantee Company (InfraCredit), to support infrastructure financing through
World Bank to invest $15bn on Africa’s human capital by 2023
The World Bank has said it will spend 15 billion dollars from 2021 to 2023 to help Nigeria and other African countries strengthen their human
We will recover all revenues accruable to FG — FIRS
The Federal Inland Revenue Service (FIRS) says it is determined to recover all revenue accruable to the Federal Government. To achieve the objective, the service
IMF cautions Nigeria, others on China loans
By Meletus EZE The International Monetary Fund (IMF) has cautioned Nigeria and other developing countries from taking loans from China due to unfavourable loan conditions.
