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Economy
1085 posts
CBN pushes interest rate to 18.5% to check inflation
Rising inflation again compelled the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), to further…
IMF approves $3.5bn extended facility to Côte d’Ivoire
The Executive Board of the International Monetary Fund (IMF), yesterday, approved a 40-month Extended Fund Facility (EFF), and…
Over 70% of Nigerian foods rejected in Europe, U.S.: NAFDAC
The National Agency for Food and Drug Administration and Control (NAFDAC), has lamented that over 70 per cent…
CBN approves four local firms to print cheques
The Central Bank of Nigeria (CBN), has approved four indigenous firms for printing cheques in the country, a…
$800m: HEDA accuses World Bank of setting loan trap for Nigeria
The Human and Environmental Development Agenda (HEDA Resource Centre) has criticised the World Bank country office in Nigeria…
IMF approves $68m facility to support Benin Republic
The International Monetary Fund (IMF), yesterday, approved the release of about $68 million to the Republic of Benin,…
Post-pandemic world economy still feeling COVID-19’s sting
Prospects for a robust global economic recovery remain dim as the lingering effects of the COVID-19 pandemic carry…
Australian banks launch digital platform to help stop payments to scammers
The new real-time reporting tool will allow banks to quickly report fraudulent payments to stop customers from losing…
Curbing trillion-dollar cost of corruption ‘more important than ever’ says Commonwealth
The Commonwealth has said that about $1trillion have been lost through corruption, insisting that the current global pressure…
CBN unveils “SabiMONI” platform to promote financial literacy, inclusion
The Central Bank of Nigeria (CBN), on Monday unveiled an e-learning platform, SabiMONI, to promote financial literacy and…