Women and children fell to the ground, bloodied and trampled in a desperate surge for food being handed out in a Nairobi slum, as police fired teargas and men with…
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Category: Economy
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…
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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…
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Ex-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…
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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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