ECOWAS central bank govs to meet over single currency

The ECOWAS Convergence council will hold an ordinary session tomorrow in Abuja to determine the progress made in implementing the roadmap of the Community’s Single Currency Programme and adopt the macroeconomic convergence of member States. The Statutory Council would bring…

Intervention Funds: CBN Reads Riot Act To Banks

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has warned Participating Financial Institutions (PFIs) in the country against charging double-digit interest on intervention funds guaranteed by the apex bank. Mr. Emefiele who gave the warning in Abeokuta, Ogun…

Anambra presents 2017 budget estimate of N115.5B

Anambra State government has presented a budget estimate of N 115.5 billion for the 2017 fiscal year. The budget presented at the State House of Assembly was titled ” Budget for Economic Recovery and Inclusive Growth “. From the amount,…