Finance Minister Wale Edun appointed World Bank’s AGF chair
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has been appointed to chair the African Governors’ Forum of the World
Category : Finance
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Photo news
From left: Mo Ibrahim, Aliko Dangote, Moroccan Prime Minister, and a delegate at the ongoing World Bank Group/IMF Annual Meeting in Marrakesh, Morocco.
CBN lifts forex ban on 43 items
The Central Bank of Nigeria has lifted the ban on importers of 43 items restricted from accessing foreign exchange on its official platform. It disclosed
Naira exchanges N1,040 to a dollar in parallel market
The exchange rate between the naira and the dollar has dropped to N1,040 in the parallel market. The ongoing trend of demand surpassing supply seems
EFCC recovers N27bn, $19m, probes ex-govs, ex-ministers
The Economic and Financial Crimes Commission has recovered a combined sum of N27,184,357,524.52 and $19,084,419.33 from three different money laundering cases, as further efforts are
IMF to Nigerian Govt: Lower inflation to protect poor citizens
The International Monetary Fund on Tuesday commended the Nigerian government for removing the fuel subsidy but noted that efforts must be made to protect poor
Nigeria’s external reserves dips by $841m in three months
Nigeria’s external reserves fell by $841.75m between July and September, figures obtained from the Central Bank of Nigeria revealed. The CBN revealed in its report
Nigeria borrowed $1.21bn, investors shun 28 states – NBS
Nigeria relied on foreign borrowing ($1.21bn) to boost its capital importation in the first six months of 2023. This is as 28 states failed to
Borrowing without due process
By Eze Onyekpere According to the Debt Management Office, Nigeria’s total public debt portfolio as of June 30, 2023, stood at N87.479trillion which in United
