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 charges
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 years
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…
Read More ‘Starve Or Get Sick’: Africa’s COVID-19 Lockdown Dilemma 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
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