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Some private sector operators have said the real sector support facility (RSSF) introduced by the Central Bank of Nigeria (CBN) will help boost investment and provide low cost funding for businesses.
An economist, Mr Titus Okuroumu, on Friday expressed optimism that the new Central Bank of Nigeria (CBN) credit policy would consolidate the gains already made in the economy and stimulate growth.
Also, it stressed that refinancing of existing loans is prohibited for funding under the programme, saying that any attempt to falsify information would also attract severe sanctions.
The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, was on Saturday, April 7, 2018, unveiled as The Guardian Economic Personality of the Year 2017 in recognition of his contribution to stabilizing the Nigerian financial sector amidst recession as well as the Bank’s effort in development financing.
Emefiele said this in a keynote address he delivered after he received The Guardian “Economic Personality of the Year 2017” award in Lagos yesterday.
No fewer than 455 beneficiaries of the Presidential Amnesty Programme are currently undergoing vocational training in various skills as the critical reintegration phase of the programme gathers momentum.
The Debt Management Office says the Federal Government is to auction by subscription bonds worth N70 billion on December 19.
Borussia Dortmund is hoping to avoid ex-coach Jurgen Klopp and Liverpool when the last 16 of the Champions League is drawn on Monday.
CIA Director Gina Haspel is set to give a classified briefing to leaders of the US House of Representatives on Wednesday on the what the intelligence agency knows about the murder of Saudi writer Jamal Khashoggi.
Gboribiogha Jonah, the Bayelsa State Deputy Governor, has disclosed that the state government recorded a balance surplus of N18.564billion as at October 31, 2018.
They said it would never sell, with its six-minute playing time, operatic passages and lyrics about Galileo and Scaramouche, but the Queen song “Bohemian Rhapsody” on Monday became the most streamed song from the 20th century.
The presidential candidate of the Peoples Democratic Party (PDP) and the leadership of the party’s campaign council are currently holding an emergency meeting with members of the Coalition of United Political Parties (CUPP).
The second-largest Ebola outbreak in history has spread to a major city in eastern Democratic Republic of Congo, as health experts worry whether the stock of an experimental vaccine will stand up to the demands of an epidemic with no end in sight.
Peoples Alliance for Indigenous Rights (PAIR) says Socio-Economic Rights and Accountability Project (SERAP) lacks the locus to force President Muhammadu Buhari to act over ‘spurious allegation’ of bribe-taking by Kano Governor Abdullahi Ganduje
England-based Nigerian boxer Larry Ekundayo will defend his International Boxing Federation (IBF) European welterweight title against Louis Greene of the United Kingdom on Friday evening.