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Economy
1085 posts
Britain opens nuclear fuel fund with aim to cut reliance on Russia
Britain said on Monday its 75-million-pound ($90.5 million) fund aimed at helping boost domestic production of nuclear fuel…
FG mulls salary increment for workers in 2023
The Federal Government yesterday said it would increase salaries of civil and public workers soon to mitigate the…
CSOs sue NDDC over alleged failure to provide 2020 budget breakdown
Three civil society organisations (CSOs) have dragged the Niger Delta Development Commission (NDDC) to court over alleged failure…
CBN increases weekly cash withdrawal limits
The Central Bank of Nigeria (CBN), yesterday, announced new maximum weekly cash withdrawal limits of N500,000 for individuals…
Buhari seeks to borrow N819.5bn for 2022 supplementary budget
. To restructure N23.18tr.CBN loans President Muhammadu Buhari yesterday sought the approval of the National Assembly to borrow…
IMF tasks SSA exporters to build buffers from oil windfall
Oil exporters in sub-Saharan Africa (SSA) have been urged to target buffers of around 5 to 10% of…
FG moves to ban cash withdrawals from public accounts
The Federal Government, yesterday, said it is set to stop cash withdrawal from all federal, state, and local…
World Bank warns Naira redesign may affect the poor, SMEs
The World Bank has warned of possible negative economic impact from the redesign of some new naira notes…
Ghana declares national debt unsustainable
. Suspends payments on selected liabilities The Ghanaian Government yesterday declared that public debt, both external and domestic,…
Afreximbank launches TRADAR Club, to promote African trade, investments
African Export-Import Bank (Afreximbank), has launched the Afreximbank TRADAR Club, a prestigious member-driven network, aimed at empowering international…