Nigeria
CRR increment to 27.5% balances the odds to rising inflation, says experts
…as MPC urges FG to fix ‘structural impediments’ to growth Adesola Afolabi The decision taken by members of the…
CBN increases banks’ Cash Reserves Ratio to 27.5%
The Monetary Policy Committee of the Central Bank of Nigeria on Friday altered the Cash Reserves Ratio from 22.5 per…
FG suspends salaries of tertiary institutions’ workers not on IPPIS
The federal government has suspended the release of the funds for the payment of salaries of workers of tertiary institutions…
FG to borrow N2tn from N10tn pension fund
The National Economic Council (NEC) Thursday in Abuja announced the resolve of the federal government to borrow N2 trillion from…
Cabotage fund hits N72.4bn as FG sets up disbursement c’ttee
By Samson Echenim Nigeria's Cabotage Vessels Financing Fund (CVFF) has reached $200 million (about N72.4 billion), Rotimi Amaechi, minister of…
Lagos, Rivers, A’Ibom, Delta, C’River top states’ indebtedness list
Lagos, Rivers, Akwa Ibom, Delta and Cross River States are the leading debtor-states in the country, according to the latest…
