Nigeria: CBN tasks media on depositors’ education

The Central Bank of Nigeria (CBN), has urged media practitioners to collaborate with financial regulators in the country to educate depositors on financial literacy and inclusion. The Head, Financial Inclusion Secretariat, CBN, Mrs Temitope Akin-Fadeyi said this at a workshop for Business Editors and Finance Correspondents Association of Nigeria (FICAN) on Tuesday in Benin. The […]

Why Nigerian Trade Minister snubbed Japanese Ambassador

…trade talks stalled …Chinese interference suspected Nigeria may have openly decided to shut the door of enhanced trading with Japan as the country’s Trade Minister, Okechukwu Enelamah has refused to meet the Japanese Ambassador to Nigeria, Ambassador Yutaka Kikuta, This is coming amidst allegation of state capture of Abuja by Chinese commercial interest. Chinese heavy […]

How Nigeria servicing debt with more than half of its revenue – IMF

The International Monetary Fund (IMF) has attributed Nigeria and other Sub-Saharan Africa’s  economic woes to the percentage of amount being spent on debt servicing. Specifically, the Breton Woods financial institution, on Thursday noted in Abuja at the presentation of the Regional Economic Outlook for Sub-Saharan Africa – Capital Flows and the Future of Work, that Nigeria […]