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SERAP Drags FG To Court Over COVID-19 Palliatives

SERAP Drags FG To Court Over COVID-19 Palliatives

Socio-Economic Rights and Accountability Project has filed a lawsuit against the Federal High Court, Abuja to order the Federal Government and Central Bank of Nigeria over coronavirus palliatives in the country. The group asked the…

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We Need Proper Electoral Reform, Diaspora Voting In Nigeria- Moghalu

We Need Proper Electoral Reform, Diaspora Voting In Nigeria- Moghalu

Kingsley Moghalu, 2019 presidential candidate of the Young Progressive Party (YPP), has called for electoral reforms in Nigeria. He said this would strengthen democracy and drive economic development. The former Deputy Governor of the Central…

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Central Bank Cuts Benchmark Lending Rate To 12.5%

Central Bank Cuts Benchmark Lending Rate To 12.5%

Nigeria’s central bank cut its benchmark lending rate to 12.5% from 13.5%, the central bank governor said on Thursday. Read More Stories On Business:https://www.thepledge.ng/category/business/ Central Bank Governor Godwin Emefiele said seven of the 10 members…

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Covid-19: FG To Inject N2trn Into Economy

Covid-19: FG To Inject N2trn Into Economy

With the coronavirus pandemic rapidly ravaging the global economy, the federal government is planning to inject N2 trillion as an intervention in the economy, the Minister of State for Budget and National Planning, Clem Agba,…

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Insurance Covers, Valid Collaterals For COVID-19 Loans — CBN

Insurance Covers, Valid Collaterals For COVID-19 Loans — CBN

The Central Bank of Nigeria has listed insurance cover as collateral to be considered for beneficiaries to access the N50bn intervention fund for Small and Medium Enterprises and the pharmaceutical sector. Recently, the banking regulator…

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COVID-19 Presents Opportunity to Transform Nigeria – Emefiele

COVID-19 Presents Opportunity to Transform Nigeria – Emefiele

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has said despite the damage the COVID-19 pandemic is causing nations around the world, it presents an opportunity to birth “a new Nigeria.” Emefiele, in a…

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I Forgive Those Who Lied Against Me – Soludo

I Forgive Those Who Lied Against Me – Soludo

Former governor of the Central Bank of Nigeria, CBN, Professor Charles Soludo says he has forgiven those who lied against him in the last few days, apparently referring to the negative comments concerning the multimillion…

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PDP Accuses Buhari, APC Of Wrecking Nigeria’s Economy

PDP Accuses Buhari, APC Of Wrecking Nigeria’s Economy

“The All Progressives Congress (APC) and the Buhari Presidency have finally wrecked our nation’s economy and there is no hope in sight under their control”, the Peoples Democratic Party (PDP) has said. The party went…

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Coronavirus: CBN Announces N1.1tn Intervention Fund

Coronavirus: CBN Announces N1.1tn Intervention Fund

The Central Bank of Nigeria on Wednesday announced a N1.1tn intervention fund to support critical sectors of the economy. The CBN Governor, Mr Godwin Emefiele said this in a statement made available to journalists. The…

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No Plan To Devalue Naira – CBN

No Plan To Devalue Naira – CBN

Despite a slump in the global economy as a result of the negative impact of the coronavirus pandemic, the Central bank of Nigeria (CBN) on Thursday insisted the time was not ripe for the call…

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