Vice-president Yemi Osinbajo, on Tuesday, met with representatives of the International Monetary Fund and the World Bank via video conference to discuss collaborative strategies for the economic stimulus packages planned by the Federal Government. The Osinbajo-led Economic Sustainability Committee had stated that it was working out a stimulus package that would …
Read More »Nigeria pays $1.09 billion to service external debt in 9 months
The Central Bank of Nigeria (CBN), according to its latest payment statistics, disclosed that the Federal Government paid $1.09 billion to service external debt between January and September 2019. The Central Bank’s statistics revealed Nigeria paid highest in August with $199.8 million; lowest in June with $18.58 million, and paid an average of …
Read More »$8.1bn fine: MTN took govt for granted – finance minister
Big businesses operating in Nigeria take the Federal Government and stipulated regulations for granted, the Minister of Finance, Zainab Ahmed, declared on Tuesday. Ahmed, who was responding to a question on the recent sanction that was imposed on MTN Nigeria Communications Limited by the Central Bank of Nigeria, while speaking …
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