The prolonged recessionary trend of the nation’s economy has taken a big toll on the human capital development index
Tag: banking
ITFC, Afreximbank To Boost African Trade with $100M, €50M Murabaha Pact
The International Islamic Trade Finance Corporation (ITFC) and the African Export-Import Bank (Afreximbank) have signed a US$100-Million agreement and a EUR 50-Million Murabaha agreement
IMF Revises Nigeria’s Growth Projection In 2018 To 2.1%
The International Monetary Fund (IMF) today revised its earlier projected growth for Nigeria next year, forecasting that the country’s growth is expected to continue to pick up in 2018 to 2.1 percent
Customs Service Generates Over N1trn Into Federation Account
The Nigeria Customs Service (NCS) has announced N1,012,259,006,779.74 as gross revenue it raked into the Federation Account in the current year
FG Commences Gold Purchase Scheme In Osun, Kebbi
The Minister of Mines and Steel Development, Dr Kayode Fayemi, has unveiled Federal Government’s plans to commence a Gold Purchase Scheme early next year
CBN Suspends January 2018 Extension Of Settlement Banking To Clearing Sessions
The Central Bank of Nigeria has suspended settlement banking to all the clearing sessions with effective from January 2, 2018
African Development Bank to raise USD8bn from capital markets in 2018
The Board of Directors of the African Development Bank has approved the Bank’s 2018 borrowing program for USD 8 billion to be raised from capital markets.
IMF Reports On Middle East’s Fiscal Challenges
The International Monetary Fund (IMF) has published a new paper on the fiscal consolidation challenges being faced by the members of the Gulf Cooperation Council (GCC)
Trump Will Personally Save Up To $15m Under Tax Bill – Analysts
Preliminary research conducted on the tax bill passed by the U.S Congress indicated that President Donald Trump and six members of his inner circle will be big winners
During The Visit Of The IMF Executive Director To The Minister Of Finance, Kemi Adeosun, On 21st December, 2017
L-R: Director, International Economic Relations in the Federal Ministry of Finance, Aliyu Ahmed; Minister of Finance, Mrs. Kemi Adeosun; Executive Director of the International Monetary Fund (IMF), Mr. Maxwell Mkwezalamba, and Permanent Secretary in the Federal Ministry of Finance, Dr. Mahmoud Isa-Dutse, during the visit of the IMF Executive Director to the Minister of Finance, […]