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IMF Attributes Nigeria’s Economic Recovery To Govt Policy Support

IMF Attributes Nigeria’s Economic Recovery To Govt Policy Support

Spread the love          International Monetary Fund (IMF) says the Nigerian economy is recovering from a historic downturn benefitting from government policy support, rising oil prices and international financial assistance. IMF disclosed this in a statement issued…

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U.S. Tariff Extension On Solar Products Hurts New Energy Trade – China

U.S. Tariff Extension On Solar Products Hurts New Energy Trade – China

Spread the love          A U.S. extension of tariffs on solar products distorts international trade and hinders the development of clean, low-emission energy, China’s commerce ministry said on Saturday. President Joe Biden on Friday extended Trump-era tariffs…

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Mark Zuckerberg Drops Further In The Latest World’s Richest Ranking

Mark Zuckerberg Drops Further In The Latest World’s Richest Ranking

Spread the love          Facebook founder, Mark Zuckerberg, has dropped to the 12th position on the list of the world’s richest people as his net worth was slashed by nearly $30bn on Thursday. Facebook’s stock took a…

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Nokia Resumes Dividend, Share Buybacks As Turnaround Gathers Pace

Nokia Resumes Dividend, Share Buybacks As Turnaround Gathers Pace

Spread the love          Nokia on Thursday restarted its quarterly dividend and initiated a share buyback programme after reporting fourth-quarter comparable operating earnings above markets estimates as the Finnish telecoms equipment maker kept costs in check. The…

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Bank Of England Warns Inflation Could Rise To 6% By April

Bank Of England Warns Inflation Could Rise To 6% By April

Spread the love          The Bank of England is expected to raise interest rates on Thursday, citing growing concerns about the impact of high inflation on households in Britain’s cost of living crisis. City analysts broadly expect…

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FG Unveils Post Bank, Postal Debit Card

FG Unveils Post Bank, Postal Debit Card

Spread the love          The Minister of Communications and Digital Economy, Prof. Isa Pantami has unveiled Nigerian Postal Service Debit Card, Agency Banking platform to deepen financial inclusion and boost Nigeria’s digital economy. This came as the…

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FG’ll Review Forex Policy To Boost Investment, Says Osinbajo

FG’ll Review Forex Policy To Boost Investment, Says Osinbajo

Spread the love          The Vice-President, Prof. Yemi Osinbajo, has said the Federal Government will review the current foreign exchange policy in a bid to stimulate private sector investment. Osinbajo disclosed this on Friday at the virtual…

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CBN Releases Operational Guidelines To Check Bad Loans

CBN Releases Operational Guidelines To Check Bad Loans

Spread the love          The Central Bank of Nigeria has released operational guidelines on the Global Service Instructions aimed at checking the spate of bad loans within the banking sector. According to a statement by Chibuzo Efobi,…

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FIRS Generates N6.4trn Revenue In 2021

FIRS Generates N6.4trn Revenue In 2021

Spread the love          The Federal Inland Revenue Service (FIRS) has said the board generated N6.4 trillion as revenue in 2021, the highest in its history. This year’s revenue collection exceeded that of 2019 when the agency…

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Avoid Illegal Loan Collection – Emefiele Tells Nigerians

Avoid Illegal Loan Collection – Emefiele Tells Nigerians

Spread the love          Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has cautioned  Nigerians on illegal money lenders, known as loan sharks. He said this on Tuesday at the end monetary policy committee meeting…

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