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...
WTO DG: Coast Clear For Okonjo-Iweala As South Korea Withdraws Candidate — Report
South Korea has decided to withdraw its candidate from the World Trade Organisation, WTO, director-general race, according to Washington Trade Daily.
Yoo Myung-hee is South Korea’s Trade Minister and its candidate for the...
Income Tax Revenue Lags Behind Fed Govt Projections
Amidst various pressures on the Federal Government’s finances and 2020 budget’s revenue estimates, an indication has emerged that the government has already recorded a 25.3 per cent shortfall in Company Income Tax, CIT, in the first six...
Afreximbank Grows Assets To $19bn
African Export-Import Bank (Afreximbank) grew its total assets to $19.33 billion as at 30 September 2020, up 34% from $14.44 billion as at the end of last year.
This was contained in the bank’s unaudited financial statements released on Monday with...
Afreximbank Records $217.06m In 9 Months
African Export-Import Bank (Afreximbank), yesterday in Cairo, Egypt, released its unaudited financial statements for the nine months ended 30 September 2020. Notwithstanding the impact of the pandemic, the Bank recorded net income amounting to $217.06 million compared to the...
Outcome of US Election Progressive Change for Americans - CISLAC
The Civil Society Legislative Advocacy Centre (CISLAC), has said that the outcome of the United States election is a progressive change that reflects the aspirations and desires of the people of America.
A statement by the...
