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...
By Lukman Otunuga, Senior Research Analyst at FXTM How Nigeria navigates through the coronavirus storm will certainly influence its economic outlook well beyond 2020. Over the...
African Union (AU) has revealed that about 20 million jobs are at risk on the continent as a result of the impact of the coronavirus pandemic....
By peter oluka Comments from the International Monetary Fund (IMF) around Nigeria’s low tax-to-GDP ratio highlight the importance of driving higher levels of payroll and accounting...
