The Federal Government has said it is working with the Indian Government to access $100 million concessional loan to develop Nigeria’s rural broadband connectivity. The Minister of Communications, Mr Adebayo Shittu, said unveiled at the Indian Technical and Economic Cooperation (ITEC) Day held in Abuja on Thursday night. Shittu said that the loan to be […]
By Foster Obi International Monetary Fund (IMF) Managing Director Kristalina Georgieva yesterday announced that Martin Mühleisen, Director of the Strategy, Policy, and Review (SPR) Department, has indicated his intention to retire from the Fund in August 2021. In the interim period, Mr. Mühleisen will take on a role as a Special Advisor in the Office […]
The Central Bank of Nigeria (CBN) on Tuesday injected $210 million into the Inter-bank Foreign Exchange Market in continuation of its sustained intervention to boost liquidity in that segment of the market. The CBN said authorised dealers in the wholesale segment of the market were offered $100 million, while the Small and Medium Enterprises (SMEs) […]