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CBN BAILOUT
The Central Bank of Nigeria (CBN) has granted approval for financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited.
What is good for the goose is therefore equally suitable for the gander. It is crucial that the government urgently unrolls a fiscal Marshall plan to address the economic emergency in the upstream oil sector
CBN introduced an N50 billion Targeted Credit Facility (TCF) as a stimulus package to support households and micro, small and medium enterprises (MSMEs) that are affected by the coronavirus pandemic
A major challenge to Covid-19 action in Nigeria, like most other African countries, is scarce public finance.
PwC Nigeria’s Chief Economist, Dr Andrew S. Nevin, believes the Nigerian Government needs to provide more economic stimulus to manufacturers in order to cushion the adverse effects of the Coronavirus pandemic.
$1billion military spending shrinks Excess Crude Account to $480 million
Last week, the Central Bank of Nigeria scrambled to respond to a leaked tape that alleged a huge...