Breaking News
Translate
Latest

Economic outlook

Foreign reserves adequate for seven months imports — CBN

Foreign reserves adequate for seven months imports — CBN

THE Central Bank of Nigeria, CBN, has indicated that the country’s foreign exchange reserves at current level of about USD35 billion would cover seven months import needs of the economy.

Read More

NBS poverty report gross under-estimation of reality— Experts

*Query methodology *Say COVID-19 to worsen poverty level *Poor electricity impoverishing Nigerians By Michael Eboh Economic analysts, on Monday, described the Nigerian poverty statistics released by the National Bureau of Statistics, NBS, as a gross under-estimation of the poverty situation in Nigeria. In an interview with Vanguard in Abuja, the economic analysts and labour leader
Read More

How Federal Government raised COVID-19 war chest

By Emma Ujah, Abuja Bureau Chief At the onset of the Coronavirus (COVID-19) index case in Nigeria in February the Federal Government provided N102.5 billion for direct interventions in the healthcare sector. A crises fund was established to address emerging and priority funding needs for the economy which had earlier come under pressure even before
Read More

Do NOT follow this link or you will be banned from the site!