Yusuf Bello| The presidential task force on COVID-19 on Wednesday said doors of banks in Lagos, Ogun, and the FCT will be open to customers from Monday, May 4. The…
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Category: Economy
CBN resumes dollar sales for SMEs, school fees
By our reporter| The Central Bank of Nigeria (CBN) on Wednesday said it has resumed the provision of foreign exchange to banks to enable parents pay school fees and to…
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CBN: N27bn donated so far through CACOVID
By our reporter|The Nigeria private-sector coalition against COVID-19 (CACOVID) has so far realised about N27.160 billion to help fight the coronavirus pandemic. In an update document as at April 23…
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COVID-19: Germany grants Nigeria N8.9bn debt relief
By our reporter| The Republic of Germany on Tuesday said it has granted Nigeria debt relief amounting to N8.9 billion (€22.4 million) on account of the coronavirus pandemic. Also, the…
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IMF approves $3.4bn emergency support for Nigeria
The International Monetary Fund (IMF) has approved the $3.4 billion requested by the Nigerian government for emergency support. The IMF board which met on Tuesday to discuss Nigeria’s request for…
Read More IMF approves $3.4bn emergency support for Nigeria