Home Topics Monetary

Monetary

Nigerian health minister, Osagie Ehanire, has provided insight into why he, alongside other officials, visited President Muhammadu Buhari at the Presidential Villa in Abuja. 1

APC: Nigerians want a working president, not a talker

The All Progressives Congress (APC) says a majority of Nigerians want a working president but that only a few want one who talks.

Oil pares gains as investors wait to see if coronavirus stimulus works

Oil prices rose on Thursday but pared early gains as investors tried to assess how effective massive stimulus by central banks will be in shoring up the global economy as the shock from the coronavirus pandemic deepens.
Interpol has issued a notice to police forces around the world about various scams that have sprung up which take advantage of the Corronavirus (COVID-19).

Interpol warns police forces, public of coronavirus scams

Interpol has issued a notice to police forces around the world about various scams that have sprung up which take advantage of the Corronavirus (COVID-19).

Expert wants appropriate monetary policy tools to check rising inflation rate

Mr Emmanuel Atama, the Executive Secretary of the National Cooperative Financing Agency of Nigeria (CFAN), has appealed to the Central Bank of Nigeria (CBN) to use appropriate monetary policy tools to check rising inflation rate in the country.
Kogi State Governor Yahaya Bello

Kogi killings: Death toll rises to 29

The Governor of Kogi State, Alhaji Yahaya Bello, on Thursday met with Tawari community and promised to fished out the killers of their kinsmen as casualty figure rises to 29.

Former Ghanaian president begs Nigeria to open up borders

Mr John Mahama, Former President of Ghana on Tuesday appealed to the Nigeria Government to open up her border so that economic activities can resume in West Africa.

Tenure: Court strikes out suit seeking Babatunde Fowler’s sack as FIRS boss

A Federal High Court sitting in Kano has struck out a suit seeking the sack of Dr. Babatunde Fowler as the Executive Chairman of the Federal Inland Revenue Service.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

[email protected]: President Buhari’s independence day speech — full text

Remember the sacrifices made by our Founders and great leaders past; by soldiers, by distinguished public servants; by traditional leaders, by our workers —- sacrifices on which Nigeria has been built over the 59 years since Independence in 1960; and
Head of the Civil Service of the Federation, Mrs Winifred Oyo-Ita

Court orders permanent forfeiture of money ‘linked to Winifred Oyo-Ita’

The Federal High Court in Abuja has ordered the permanent forfeiture of some money returned by a suspect linked to the suspended Head of Service of the Federation, Mrs Winifred Oyo-Ita.
Nigeria is set to establish a government-driven national donor coordination mechanism to ensure that external financing is maximised for the good of the country, Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Wednesday. 2

Minister: World Bank to manage donor funds

Nigeria is set to establish a government-driven national donor coordination mechanism to ensure that external financing is maximised for the good of the country, Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Wednesday.

Insecurity, fraud clog financial inclusion stride

As fiscal and monetary authorities collaborate to ensure that Nigerians keep up the 63.6 per cent financial inclusion stride with the aim of attaining the set target of 20 per cent exclusion rate by 2020, the frightening series of bank robberies and frauds in the system may have put a lid on the agenda.

LCCI sets agenda for President Buhari’s second term

The Lagos Chamber of Commerce and Industry (LCCI) says the quality of the nation’s infrastructure, policies and institutions are crucial to driving economic diversification.

Africa’s development lies on good policies

Africa’s quest for sustainable development and aspirations of Agenda 2063, can be realized only with policies that can help build resilience, raise growth and enhance inclusiveness.

My police aides have been withdrawn, CP not picking my calls – Kogi deputy...

The Deputy Governor of Kogi State, Simon Achuba, has raised the alarm that his life is in danger as the policemen attached to him have been allegedly withdrawn on the orders of the State Governor, Yahaya Bello.

Forbes ranks Nigeria 110th best country for business

The magazine said it compiled the list by rating 161 countries on 15 factors: property rights, innovation, taxes, technology, corruption, infrastructure, market size, political risk, quality of life, workforce, freedom (personal, trade and monetary), red tape and investor protection.
Luis Caputo

Argentina’s Luis Caputo quits as central bank chief amid IMF bailout talks

The president of Argentina's central bank has resigned amid negotiations with the International Monetary Fund (IMF) to bail the South American country out of its volatile economic crisis.
Central Bank of Liberia - CBL

Liberia hunts for $100m in missing bank notes

An inquiry is underway into the disappearance of newly printed bills worth nearly $100 million destined for Liberia's central bank, the government of the impoverished west African country said Tuesday.
Forbes

Forbes ranks Rwanda, South Africa over Nigeria on ‘investor protection’

The report said in the period under review, Nigeria experienced positive economic growth driven by its agriculture, telecommunications and services sector.

Recent Stories

A swarm of desert locusts flies over a ranch near the town of Nanyuki in Laikipia county, Kenya, February 21, 2020. REUTERS-Baz Ratner-File Photo

East Africa locust swarms gather as coronavirus curbs delay pesticides

Coronavirus-linked flight restrictions are hampering efforts to wipe out locust swarms on the verge of devastating crops in eastern Africa, the U.N. Food and Agriculture Organization (FAO) said.
Over 100 people have been arrested and arraigned at the Magistrate Court sitting in Port Harcourt, Rivers State over violation of the state government’s lockdown in some parts of the state capital following outbreak of Coronavirus.

Coronavirus lockdown: Over 100 arrested, arraigned in Rivers

Over 100 people have been arrested and arraigned at the Magistrate Court sitting in Port Harcourt, Rivers State over violation of the state government’s lockdown in some parts of the state capital following outbreak of Coronavirus.
Cameroon and Abia Warriors Goalkeeper Charles Tambe was reportedly shot in Apata area of Ibadan, Nigeria by hoodlums on Friday morning.

Abia Warriors goalkeeper shot, hospitalised in Ibadan

Cameroon and Abia Warriors Goalkeeper Charles Tambe was reportedly shot in Apata area of Ibadan, Nigeria by hoodlums on Friday morning.
Nkeiruka Onyejeocha

Coronavirus lockdown: Security agencies, task force should treat Nigerians with dignity – Reps deputy whip

The Deputy Chief Whip of the House of Representatives, Hon. Nkeiruka Onyejeocha on Friday urged security agencies and Task-Force set up by Federal and State Governments to treat people with dignity and respect as it is needless to stop people from getting coronavirus by harassing and shooting at them.
Medical charity Alima planned to open an emergency operating theatre this week in Burkina Faso, but the project has stalled because the country closed its borders before a surgeon and anaesthetist could fly in, its director told Reuters.

Medical aid marooned as Africa shuts borders amid coronavirus pandemic

Medical charity Alima planned to open an emergency operating theatre this week in Burkina Faso, but the project has stalled because the country closed its borders before a surgeon and anaesthetist could fly in, its director told Reuters.