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…
Read More CBN resumes dollar sales for SMEs, school fees
Category: Economy
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…
Read More COVID-19: Germany grants Nigeria N8.9bn debt relief
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
Senate approves Buhari’s request to raise fresh N850bn loan to fund projects
By our reporter|The Senate on Tuesday approved President Muhammadu Buhari loan request of N850 billion to enable government fund some projects in the 2020 budget. President Buhari’s request was granted…
Read More Senate approves Buhari’s request to raise fresh N850bn loan to fund projects