2021 Economy Outlook And CBN’s Solutions
The year 2021 is literally here. Suddenly it has become the year for a magic which was initially expected for 2020, but which disappointed due, obviously, to the public health crises of COVID-19 that practically pressured all economies, including...
Total Credit To Economy Now N19.5trn - Emefiele
Total credit to the economy rose to N19.54 as of the end of November 13, according to the Central Bank of Nigeria.
The CBN Governor, Godwin Emefiele, who disclosed this after the Monetary Policy Committee meeting on Tuesday,...
CBN Battles Recession, Raises COVID-19 Facility To N300bn
Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday said the bank would raise its COVID-19-targeted facility from N150 billion to N300 billion in order to accommodate more Nigerians in a bid to cushion the impact...
Fed Govt Processing $750m World Bank Loan For States
The Federal Government has said it is processing a World Bank loan of $750 million on behalf of state governments, to stimulate the local economy as well as support vulnerable household’s consumption.
The Minister of Finance, Budget...
DBN Disburses N150bn To MSMEs In Three Years
The Development Bank of Nigeria (DBN) has disbursed over N150 billion since it commenced operations in 2017, the Federal Government has disclosed.
The disbursement was done through 27 participating financial institutions, for onward lending to MSMEs across the...
Maryam Katagum and SMEs Development
By Ahmad Muhammad Danyaro
Giants strides made by man are usually relieved with pomp and pageantry .while some roll out the milestone amidst glass clinging. Some play the breakthrough low but all in praises and in anticipation of better future ahead....
