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Category: Business

Business Economy

COVID-19: IMF grants immediate debt relief to 25 countries

Iheanyi Ejiofor April 13, 2020 No Comments #COVID-19: IMF grants immediate debt relief to 25 countries

By our reporter| The International Monetary Fund (IMF) on Monday approved immediate debt relief for 25 countries, to help them cushion the effect of COVID-19. Most of the benefitingcountries are…

Read More COVID-19: IMF grants immediate debt relief to 25 countries
Business Economy

No processing fee required for COVID-19 loans – CBN

Iheanyi Ejiofor April 13, 2020 No Comments #No processing fee required for COVID-19 loans – CBN

The Central Bank of Nigeria (CBN) on Monday said it does not charge any fee for processing COVID-19 loan applications. This follows the launch of a N50 billion Targeted Credit…

Read More No processing fee required for COVID-19 loans – CBN
Business Economy

Ex-Finance Minister, Okonjo-Iweala gets IMF appointment

Iheanyi Ejiofor April 10, 2020 No Comments #Ex-Finance MinisterOkonjo-Iweala gets IMF appointment

The International Monetary Fund (IMF) has named Nigeria’s former minister of finance, Dr. Ngozi Okonjo-Iweala, as a member of its External Advisory Group. IMF’s Managing Director, Kristalina Georgieva, announced Okonjo-Iweala’s…

Read More Ex-Finance Minister, Okonjo-Iweala gets IMF appointment
Business Economy headline

FG slashes 2020 budget by 20%

Iheanyi Ejiofor April 8, 2020 No Comments #FG slashes 2020 budget by 20%

By our reporter| The Federal Government on Wednesday sent a revised budget to the National Assembly, reducing some costs in view of the rampaging effects of Covid-19 pandemic. There is…

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Business Economy headline

No correlation between 5G, coronavirus – NCC

Iheanyi Ejiofor April 6, 2020 No Comments #No correlation between 5Gcoronavirus – NCC

The Nigerian Communications Commission says there is no relationship between the Fifth Generation Technology and the coronavirus pandemic. The commission’s Director of Public Affairs, Dr Henry Nkemadu, made this clarification…

Read More No correlation between 5G, coronavirus – NCC

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