Nigeria tells IMF of intent to have unified, flexible exchange rate
Businessam Staff
April 30, 2020
Nigeria has vowed to seek a more flexible and unified naira to respond to the external shock brought by the coronavirus pandemic,
CBN grants businesses one-year extension on loan repayment
Businessam StaffMarch 17, 2020
The Central Bank of Nigeria on Monday announced policy measures to tackle the impact of coronavirus on the businesses and the nation’s
Policy uncertainty weakens Nigeria’s economic outlook – World Bank
Businessam StaffJanuary 21, 2020
Uncertainty over the direction of the federal government’s policies has weakened Nigeria’s economic outlook, according to the World
Nigeria has lost $400bn to foreign havens, says Malami
Businessam StaffDecember 17, 2019
Nigeria has lost over $400bn to offshore havens, said Abubakar Malami, the attorney-general of the federation and minister of justice
Nigeria falls short of economic growth expectation – IMF
Businessam StaffDecember 13, 2019
The International Monetary Fund has said oil-dependent economies, including Nigeria, continue to fare less than countries reliant on
Senate probes CBN over N20tn unremitted stamp duty
Businessam StaffDecember 11, 2019
The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20tn into the Federation Account by the
APC govt inherited $63.8bn debt, not $7bn, says DMO
BusinessamliveDecember 10, 2019
The Debt Management Office (DMO) has debunked a recent statement reportedly made by. Obadiah Mailafiya, a former deputy governor of
T-bills: FG to pay investors N847.43bn in Q1 2020
Businessam StaffDecember 6, 2019
The federal government is scheduled to pay N847.43b to investors in the first quarter of 2020 as treasury bills mature. The Central