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International Monetary Fund (IMF) has assisted Nigeria with a total of $6.8 billion in emergency support to cushion the effect of the Corona virus pandemic in...
International Monetary Fund (IMF) has once more advised Nigeria’s federal government to increase Value Added Tax (VAT), while also offering other fiscal measures that the country...
Central Bank of Nigeria (CBN) kept its benchmark interest rate unchanged at 11.5% on Tuesday to help a fragile economic recovery, according to Godwin Emefiele, governor...
The International Monetary Fund (IMF) has advised emerging economies including Nigeria to allow their currencies to depreciate in response to tighter funding conditions and an imminent...
International Monetary Fund (IMF) has said Nigerian banks closed 234 branches and 649 automated teller machines (ATMs) in 2020 amid the COVID-19 outbreak. The Bretton Woods...
Airtel Money has announced a partnership with an African payments company, Flutterwave, to expand the former’s services to East African markets. Through the partnership, businesses integrating...
By: Habib Mahakian, Vice-President – Emerging Africa, Dell Technologies In the last 12 months technology has been pivotal in connecting people with business sectors, whilst...
Central Bank of Nigeria (CBN) at the weekend began gradual harmonisation of exchange rates with the removal of N379/$1 official rate from its website. The move...
International Monetary Fund (IMF) has released its updated economic funding support showing that it doled out a total $3.4 billion to Nigeria to help tackle COVID-19...
Banks in Nigeria will drop below minimum capital buffers required by regulators should the economy shrink further this year, according to stress tests done by the...