Author: GTI Research
CBN to suspend interest payment on state debts
22 ViewsThe President, Major-General Muhammadu Buhari (retd.), has approved the suspension of the payment of interest on debts owed by state governments. Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, who disclosed...
FG okays TSA restructuring for cash mobilisation
82 ViewsThe finance minister also said that the President had given an interim approval for the restructuring of the Treasury Single Account in order to better mobilise cash donations from the people and corporate...
Petrol subsidy gone forever, says NNPC
263 ViewsThe era of subsidy on petrol is gone forever, the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, said on Monday. Kyari, who spoke during a live programme on African Independent Television,...
Nigeria to borrow $6.9bn from W’Bank, IMF, AfDB
46 ViewsThe Federal Government is to raise the sum of $6.9bn through external borrowing from the World Bank, the International Monetary Fund and the African Development Bank. The Minister of Finance, Budget and National...
Wall Street soars on hopes of slowing coronavirus deaths
15 Views U.S. stocks rocketed higher on Monday, with each of the major indexes rallying at least 7%, after a fall in the daily death toll in New York, the country’s biggest coronavirus hot...
Oil gains as hopes rise for production cut amid coronavirus outbreak
33 ViewsOil rose on Tuesday amid hopes that the world’s biggest producers of crude will agree to curtail production as the coronavirus pandemic ravages the global economy, even as analysts cautioned the cuts may...
Pound stays on back foot as Johnson enters intensive care
29 ViewsThe pound edged lower against the dollar and the euro on Tuesday after British Prime Minister Boris Johnson was moved to intensive care after his coronavirus symptoms worsened. The dollar held onto gains...
NAICOM may postpone recapitalisation
30 ViewsThere are indications that the National Insurance Commission (NAICOM) may extend the deadline for the recapitalisation of insurance and reinsurance companies for the second time, The Nation has learnt. The Commission is concerned about...
