L-R: Vice President Kashim Shettima, Former President Goodluck Jonathan, President Bola Tinubu, Former President Muhammadu Buhari and the Senate President, Godswill Akpabio, at the Council of State meeting held at the Aso Rock Villa, Abuja. Council of State meeting The Federal Government has traced at least N83 billion in cryptocurrency and fiat money linked to […]
Nigeria’s Central Bank Intensifies Efforts to Boost Foreign Exchange Liquidity, Mandates Banks to Halt Forex-Backed Loans within 90 Days In an ongoing bid to bolster foreign exchange liquidity within the economy, the Central Bank of Nigeria (CBN) issued a new directive on Monday instructing Deposit Money Banks to cease accepting foreign currencies as collateral for […]
Africa has so far largely been spared the rampant infections and heavy death tolls seen in Europe and the United States. Its hardest-hit nation, South Africa, has recorded around 200,000 cases of COVID-19 and just over 3,100 deaths. African economies, however, have not been immune to the pandemic’s global shockwaves, with oil exporters such as […]
