Nigeria will need 15 years to transform economy – World Bank VP
The World Bank says that Nigeria must sustain its current economic reforms over the next 10 to 15 years to position itself as a leading global economic power, not only in sub-Saharan Africa but worldwide.
Breaking: Senate begins interaction with Cardoso
The Senate is seeking answers and solutions from the apex bank governor to stabilise the currency and restore confidence in the economy.
Breaking: Fix price of goods within seven days — Court orders FG
“I have had the applicant Femi Falana in a suit no San,FHC/L/CS/869/2023 and I have also discovered that despite the service of the Originating motion on the respondents namely Attorney-General of the Federation and the Price Control Board…”
Inflation: We’ll open national reserves to address rising food costs — FG
“Of course, this meeting is not by itself exhaustive. It is going to continue tomorrow and the day after. Now, some of these will involve unlocking the food that is available in most of the storage facilities around the country.”
Nigeria needs new money to survive current economic downturn — Rewane
“First of all, you have to understand; you have to implement efficiently because the consequence of misunderstanding is disorderly change, and disorderly change is not what we want. It is a recipe for chaos.”
CBN begins comprehensive strategy to address FX crisis, Cardoso tells Reps
“To address exchange rate volatility, a comprehensive strategy has been initiated to enhance liquidity in the foreign exchange markets. “
