The Nigerian Ports Authority (NPA) has directed all terminal operators to suspend the collection of all applicable terminal storage fees cum demurrage through the period of the extension of the…
Read More NPA orders terminal operators to suspend chargesCategory: Business
IMF projects Nigeria’s economy heading into worst recession in over 30 years
The International Monetary Fund (IMF) on Tuesday projected that Nigeria’s economy will recede by 3.4% in 2020 as a result of the COVID-19 pandemic that has disrupted global supply chains.…
Read More IMF projects Nigeria’s economy heading into worst recession in over 30 yearsCOVID-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 countriesNo 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 – CBNEx-Finance Minister, Okonjo-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
