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Zimbabwe’s Central Bank

Zimbabwe’s central bank said on Wednesday it would cut its main lending rate to 15% from 25% effective May 1 as part of measures to help the economy deal with the effects of the coronavirus outbreak.

Zimbabwe central bank to cut main lending rate to 15% from May 1

Zimbabwe’s central bank said on Wednesday it would cut its main lending rate to 15% from 25% effective May 1 as part of measures to help the economy deal with the effects of the coronavirus outbreak.
Zimbabwean central bank governor John Mangudya delivers his 2016 Monetary Policy statement in Harare

Zimbabwe secures $500 million loan to ease dollar shortages

Zimbabwe’s Central Bank says it has secured 500 million dollars loan from unspecified international banks to support interbank currency trading from May 20.

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Director General of NCDC, Dr Chikwe Ihekweazu addressing the press at the presentation of 15,000 COVID-19 test kits to NCDC by UNICEF in Abuja on Tuesday, Sept 29, 2020. [Twitter-@NCDCgov]

Nigeria records 198 new coronavirus cases

Nigeria recorded 198 new COVID-19 cases on Wednesday, bringing the total number of infections in the country to 66,805, according to an update by the Nigeria Centre for Disease Control (NCDC).
3. President Muhammadu Buhari is currently presiding over the 24th virtual Federal Executive Council, FEC, meeting at the Council Chamber, Presidential Villa, Abuja.

FEC approves N40 billion for road, ecological projects

The Federal Executive Council (FEC) yesterday approved N40 billion for the construction of road and ecological projects in different parts of the country.
Ahmed Idris, the Accountant-General of the Federation (AGF)

Nigerian government deploys treasury directors in NNPC, others

The FGOEs affected included the Nigerian National Petroleum Corporation (NNPC), the Nigeria Communication Commission (NCC), Nigeria Ports Authority, Federal Inland Revenue Service, Nigeria Customs Service, Nigeria Maritime Administration Agency, Department of Petroleum Resources, Corporate Affairs Commission, the Federal Airport Authority of Nigeria, and Nigeria Shippers’ Council.
The Secretary to the Government of the Federation (SSG), Boss Mustapha, on Tuesday disagreed with Director General of the Nigerian Centre for Disease Control (NCDC), Chikwe Ihekweazu, when he called on the House of Reps to amend the Quarantine Act.

Presidency opposes ecological funds regulation bill

The Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha, yesterday told the House Committee on Ecological Fund that the presidency believes the proposed law would either clash with or duplicate the existing ones.
Defending champions the Olympic Eagles of Nigeria got off their campaign at the 2019 U-23 Africa Cup of Nations on a dour note following a 1-0 loss to Cote d’Ivoire at the Al Salam Stadium, Cairo, on Saturday evening.

Only the best legs will be selected into U17 squad – coach

Head coach of the national U17 team, Fatai Amoo, is confident of building a very solid team for the country before the next international outing.