Okonjo-Iweala has urged U.S. President Donald Trump, or his successor, not to leave the Geneva-based body in a press briefing saying that…
Category:
Economy
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SAP has appointed Claudio Muruzabal as the new President for SAP’s EMEA south region that comprises Southern Europe, the Middle East and…
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The Central Bank of Nigeria (CBN) has unveiled series of guidelines for Non-Interest Financial Institutions under its Agri-Business, Small and Medium Enterprise…
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This year’s edition of the MSMEs Awards holds this week virtually as the Buhari administration continues to roll out palliatives and other…
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EconomyNews
How we are converting COVID-19 pandemic to opportunity to reset Nigeria economy—Osinbajo
Vice President Osinbajo has said that despite the despair that came with the COVID-19 pandemic and its attendant consequences, Nigeria decided to…
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EconomyFinanceNews
E-payment channels transaction value drops by N96 billion as a result of COVID-19 lock down in April
The Central Bank of Nigeria CBN has said that the total volume of payment transactions across Nigerian payment channels fell by 26…
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EconomyFinanceNews
Banks can now debit other bank accounts of chronic loan defaulters starting August 1–CBN
The Central Bank of Nigeria (CBN) has authorised banks to begin from August to debit chronic bank debtors account with other banks.…
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BusinessEconomyNews
FG in court to overturn $10bn arbitration award as CBN adds maize to 41 items denied access to forex
The federal government has uncovered previously unknown payments to the daughter of a Nigerian official, its lawyer told a court on Monday,…
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Prime Minister Boris Johnson is set to ban Huawei from Britain’s 5G community in a landmark resolution that can anger Beijing. Johnson,…
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The suspended Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, has again been accused of allegedly failing…
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The Lagos State Government ( LASG) says it will train no fewer than 450 young entrepreneurs on the use of coconut waste…
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BusinessEconomyFinanceNews
FG to release at least 50% of amended capital budgets by end of July—Buhari
President Buhari has said that the Federal Ministry of Finance, Budget and National Planning is in the process of effecting budgetary releases…
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International Monetary Fund, IMF and the World Bank Group have said that this year annual meetings of the Bretten Wood Institutions will…
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The FMDQ Holdings (FMDQ Group) has admitted the Axxela Funding 1 PLC ₦11.50 billion Series 1 Bond under its ₦50.00 billion Bond…
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BusinessEconomyFinanceNews
CBN buckles under IMF, World Bank pressure on exchange rate unification, Naira trade at N381 to dollar
Central Bank of Nigeria apparently buckled under pressure from International Monetary Fund, IMF and World Bank to unify the Naira exchange rate.…