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President Muhammadu Buhari on Monday ordered the distribution of 150 trucks of rice seized by Nigeria Customs Service to the 36 states of the federation in a bid to cushion the effect of the coronavirus. The Minister of Finance, Budget and National Planning, Zainab Ahmed disclosed this while fielding questions from journalists at a briefing […]
CBN Unveils Fintech Plans
The Central Bank of Nigeria (CBN) has detailed its ongoing interactions and regulatory measures for financial technology companies (fintechs). CBN Governor Olayemi Cardoso provided this explanation during a press briefing in Abuja yesterday, where he announced a new interest rate. To combat inflation and stabilize prices, the CBN raised its benchmark interest rate, the Monetary […]