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Paul Owolabi


Nigeria may not slide into recession despite impacts of COVID-19—CBN

IN spite of the impacts of the pandemic COVID-19 on the economy, Nigeria's economy may not slide into recession, the Central Bank of Nigeria...

COVID-19: CBN introduces regulatory forbearance for financial institutions

THE Central Bank of Nigeria (CBN) says it has approved a regulatory forbearance for the restructuring of credit facilities in the Other Financial Institutions...

AFDB crisis: Adesina maintains innocence over allegations of nepotism

PRESIDENT of the African Development Bank (AFDB) Akinwunmi Adesina has maintained his innocence with regards to the various allegations against him.In a statement personally...
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Akinwumi Adesina accused of appointing relatives to strategic positions at AFDB

PRESIDENT of the African Development Bank (AFDB) Akinwumi Adesina has been accused by a group of anonymous whistleblowers of handing contracts to acquaintances and...

Nigeria would soon go into recession – Finance minister

FINANCE minister Zainab Ahmed has said Nigeria would soon go into a recession.But the federal government is trying to make sure it is shallow...

Nigeria’s foreign exchange reserves would fall to $23.3bn by end of 2020 – Fitch Ratings

FITCH a global credit rating agency has stated that Nigeria's foreign exchange reserves would fall to $23.3bn by the end of 2020 from $38.6bn...
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Support students with funds meant for purchasing cars for politicians – SERAP tells FG, governors

SOCIO-economic Rights and Accountability Project (SERAP) has urged the Presidency, National Assembly, Senate, and Governors to stop the purchase of new cars at this...

Nigeria’s problem isn’t debt, it’s about servicing debt – World bank

THE World Bank lead economist for Nigeria Marco Hernandez has said in a Quartz Africa report that Nigeria’s problem isn’t debt, it’s about servicing...

Winners and losers of COVID-19 pandemic

THE COVID-19 pandemic has shown a lot of positive and negative impact on different sectors of the economy, throwing up potential winners and losers...
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CBN releases operational guidelines for Micro finance banks in Nigeria

THE Central Bank of Nigeria (CBN) on Thursday released...

Banks add to worry of Nigerians with stamp duty deductions

BANKS may have added to the worry of Nigerians...

Minimal financial burden of 7.5% VAT on NYSC members

CONTRARY to popular belief, National Youth Service Corp (NYSC)...
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