Debt relief, vaccines critical to Africa’s recovery – AfDB boss
The President of the African Development Bank, Dr Akinwumi Adesina, has said fair access to COVID-19 vaccines and debt relief
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Economics
Naira crashes at I&E window as forex reserves fall further
The naira fell to 401 against the dollar on Tuesday at the Investors’ and Exporters’ Foreign Exchange Window. The local
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Nigeria disagrees with IMF on further naira devaluation
The International Monetary Fund has said Nigerian authorities did not agree with the need for an additional exchange rate adjustment.
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Nigeria needs urgent policy adjustment as economy worsens – IMF
The International Monetary Fund has said Nigeria needs urgent policy adjustment and more fundamental reforms to address its economic woes.
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WTO DG: I look forward to finalising process, says Okonjo-Iweala
Following the withdrawal of her only rival and the support from the United States, a former Nigerian Minister of Finance,
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World Bank approves $500m for Nigeria’s electricity distributors
The World Bank announced on Friday that it had approved $500 million to support the government of Nigeria in improving
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Nigeria suffers 60% drop in 2020 foreign capital inflow
Foreign capital flow into Nigeria tumbled by almost 60 percent in 2020 to $9.68bn, its lowest level in four years,
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Greif sells assets in Nigeria, says no plan to revive operations
Greif Nigeria Plc has announced the sale of its property, plant and equipment, saying it does not have any immediate
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Nigerian stocks post N1.13tn monthly gain, forex reserves up $1bn
Investors in the Nigerian stock market recorded a total gain of N1.13 trillion in January as the market capitalisation of
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‘N1,000 in 2019 now N730’: Rewane offers solutions to Nigeria’s inflation crisis
Nigeria needs to stimulate economic growth and reduce money supply, among other measures, in order to tackle the high inflation
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