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Lagos
Thursday, March 4, 2021
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FEC Approves ₦2.3trn to Address COVID-19 Damages on Economy. The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved ₦2.3 trillion stimulus package to support the economy.
“Venezuela’s total debt more than twice its GDP”
'FG to Use ₦162.5bn Proceed of Sukuk to Finance Road Projects'. The recent ₦150 billion Sukuk issued by the  Debt Management Office was 5 times oversubscribe and the proceed will be used for capital projects in the country.
PwC predicts COVID-19 could knock 10% off GDP; sees unemployment above 35%
Experts charge Nigeria`s government on reciprocal external trade relations
Experts tag Budget 2020 unrealistic by design, tall ambition by intent
COVID-19: CBN hacks rates, creates N50bn facility to support Healthcare, Hotels, Airlines others The Central Bank of Nigeria (CBN) has announced reduction of interest rates in all its intervention facilities from 9% to 5% per annum for one year to ameliorate the effect of coronavirus pandemic. Godwin Emefiele, the CBN Governor...
External reserves fell $57.6 million in January, edge toward resistance level. Weak inflow, high usage of dollar inflow into the nation’s external reserve has reduced the external buffer for defending the Nigeria’s local currency, naira.
Basel III: We are considering issuing guideline on liquidity standard -CBN. The Central Bank of Nigeria has said that it is considering issuing guideline on Basel III liquidity standard. The CBN said this in reaction to MarketForces enquiry about the implementation of the Basel III accord by deposit
Global debt rose by over $3 trillion in Q1 2019: