By our reporter| The Central Bank of Nigeria (CBN) on Monday directed that cheque clearing should be suspended. The suspension notice addressed all deposit money banks in the country and…
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Category: Business
COVID 19: CBN Disinfects Head Office, Branches
As the Federal Government, through the Federal Ministry of Health and the Nigeria Centre for Disease Control (NCDC), intensifies effort to check the spread of the novel Coronavirus pandemic in…
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Nigeria will go into recession if COVID-19 continues beyond xix months – Finance Minister
Nigeria’s finance minister, Mrs. Zainab Ahmed, has warned that Nigeria may go into recession if the coronavirus (COVID-19) pandemic continues for the next couple of months. The minister who gave…
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COVID-19: We have entered recession – IMF chief
The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said Friday. “It is clear that…
Read More COVID-19: We have entered recession – IMF chief CBN to remain open while COVID-19 lasts
The Central Bank Of Nigeria on Thursday said its offices will remain open for business as the country battles to control the spread of the coronavirus. In a statement by…
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