Tag: Business

World Bank Approves 2.2 Billion Naira Loan For Nigeria

The World Bank approved six projects worth about $2.2 billion to support Nigerian human capital and economic development in 2020. Naija news learnt new loan will help to fund six projects to support Nigeria’s development priorities. The approved program of support in the fiscal year 2020 comprises the following projects: Immunization Plus & Malaria Progress […]

Just In: IMF Advises CBN On Forex Intervention

The International Monetary Fund (IMF) has asked the Nigerian Apex bank to stop its forex intervention programme and adopt a unified exchange rate regime. Speaking on Monday the monetary organization said that the Federal Government had recognized the vulnerabilities facing the economy and taken the steps to boost revenue and improve budget implementation by signing […]

CBN To Give Single-Digit Loans To Rice Farmers

The Central Bank of Nigeria has offered rice farmers in the Niger Delta region single-digit loans. The Head, Press and Public Relations at the Ministry of Niger Delta Affairs, Patricia Deworitshe who made this known after a meeting between the Minister of Niger Delta Affairs, Godswil Akpabio, and representatives of the CBN in Abuja said […]