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The anticipated release follows moves made by the CBN, working with the Nigeria Customs Service (NCS), in the last quarter of 2020, to facilitate import waivers to four agro-processing companies to import 262,000 tonnes of maize to bridge the shortfall in production and augment local production.
The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic, and a growing divergence between rich and poor countries required the IMF to find more resources.
Former Hong Kong lawmaker Ted Hui has renewed his criticism of HSBC for freezing his local bank accounts even after the global bank’s chief executive, Noel Quinn, wrote to him to explain the circumstances of the change.
Janet Yellen, President-elect Joe Biden’s pick to take over the U.S. Treasury, is expected to affirm the United States’ commitment to market-set currency rates when she testifies on Capitol Hill on Tuesday, the Wall Street Journal reported.
The wife of the embattled Managing Director of the First City Monument Bank, Hauwa Adam Nuru, has shown solidarity with her husband, adding that she had never contemplated leaving him.
Kwara State Governor AbdulRahman AbdulRazaq on Friday launched a 10-year Agricultural Transformation Plan, which is designed to ensure food security, generate employment opportunities, and reduce poverty rate.
Britain’s economy shrank in November as it went into a new lockdown, but the decline was smaller than expected as businesses adjusted to social distancing and schools remained open, making a double-dip recession less likely.
Africa Development Bank (AfDB) is planning to invest $10 billion for the expansion of renewable energy projects in the continent, over the next five years.
Nigerian government have moved to sequester the assets of the country’s premier lender First Bank of Nigeria Limited in an effort to recover the damages oil major Royal Dutch Shell owed the Ejama Ebubu community of Rivers State in a legal contest spanning many decades, Bloomberg reported Thursday.
The World Bank Group plans to invest over $5 billion over the next five years to help restore degraded landscapes and improve agriculture productivity.
The Economic and Financial Crimes Commission (EFCC) has urged a Federal High Court in Abuja to visit the Kano branch of the Central Bank of Nigeria (CBN) to inspect the $9,772,800 and £74,000 cash seized from a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Engr. Andrew Yakubu.
According to the NBS report on Nigeria’s Domestic and Foreign Debt Q3 2020, Nigeria’s total public debt stock constituting of external and domestic debts, stood at N32.22 trillion ($84.57 billion) as of September 30, 2020.
Hong Kong residents leaving the city to move to Britain could trigger capital outflows of HK$280 billion ($36 billion) this year from the Asian financial centre, a new report published by Bank of America (BofA) said.
Police in Katsina State on Wednesday says it has succeeded in arresting two who disguises as spirits (Aljannu) to defraud unsuspecting individuals of their monies in the state.
Wike made the confirmation on Wednesday when he led the 2019 Vice-Presidential candidate of the Peoples Democratic Party (PDP), Peter Obi, to inaugurate the Isiokpo Internal Roads Phase 2 in Ikwerre Local Government Area of the state.
A candidate for the Bank of England’s supervisory arm for banks defended on Wednesday his senior role on a bitcoin trading platform, saying it took safeguards against money-laundering very seriously.
The suspects are Yusuf Abiodun, 22, Jamiu Salami, 30, Dare Taiwo, 27, Oluwatobiloba Aberaman, Balogun Taofeek, 18, Samuel Owolabi, 16, Ejemina Godfrey, 39, Godwin Innocent, 22, Keneting Uduenga, 29, Ayeni Wales, 29 and Lekan Olajide, 22.
Eddie Hearn has hinted at a possible venue for the long-awaited heavyweight clash between Anthony Joshua and Tyson Fury.
Italian Prime Minister Giuseppe Conte won a crucial confidence vote in the Chamber of Deputies on Monday, hanging on to power after a junior partner quit his coalition last week and opened a political crisis amid the raging COVID-19 pandemic.
The U.S. Census Bureau’s embattled director resigned on Monday and will retire on Wednesday, the day Democratic President-elect Joe Biden is inaugurated, according to a letter on the bureau’s website.
Only a few dozen gun-rights activists converged on the Virginia state capital on Monday for an annual demonstration that typically draws thousands, with this year’s protests dampened by tensions in the wake of the Jan. 6 siege of the U.S. Capitol.
Speaking on the series of killings in the past few weeks in the state, the governor declared that his government will do everything possible to end kidnapping and insecurity in the State.
Scottish nationalists are on course to win a record majority in elections for Scotland’s devolved parliament that would start a new push for independence, an opinion poll published on Thursday showed.
The all male suspects were arrested at the Lagos International Airport, on January 6 and 8, 2021 with the illicit drugs hidden inside hair relaxers, embroidery tailoring materials and shirts packaged with carbon and other oily substances to avoid being detected by the scanning machines.
Mauricio Pochettino is keen to reunite with the midfielder after being appointed as the new manager of PSG earlier this month, with Alli having struggled for opportunities with the north London side so far this season.
Ministry spokeswoman Hua Chunying made the comment in response to a question about U.S. Secretary of State Mike Pompeo’s decision this month to lift restrictions on contacts between U.S. officials and their Taiwanese counterparts.