April 16, 2021
  • April 16, 2021

Articles Posted by Editor

Nigeria moves to reform FMBN, set up technical committee on commercialisation, recapitalisation

by on April 15, 2021 0

Nigeria has inaugurated an eight-member Joint Technical Committee (JTC) as a prelude to the process for full commercialisation and recapitalisation of the Federal Mortgage Bank of Nigeria (FMBN). Inaugurating the committee, which comprises four members each from The Director-General of the Bureau of Public Enterprises (BPE), Alex Okoh while inaugurating the four-member committee, which comprises […]

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Nigeria’s inflation hits 18.17%, highest in four years

by on April 15, 2021 0

Nigeria’s consumer price index in March rose 18.17 percent year-on-year, up 0.82 percent from the previous month, The National Bureau of Statistics (NBS) report showed on Thursday. The country’s inflation rate stood at 17.33 percent in February, driven by rising food inflation, according to the bureau. Nigeria’s inflation rate has risen consecutively for 19 months […]

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New wave of covid-19, limited access to Vaccines may derail Sub-Saharan African recovery~IMF

by on April 15, 2021 0

New waves of Covid-19 infections could derail the economic recovery in sub-Saharan Africa, which is already forecast to lag the rest of the world this year amid limited access to vaccines, the International Monetary Fund (IMF) warned. In its regional economic outlook released on Thursday, the IMF said growth projections are subject to “greater-than-usual uncertainty” […]

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NAFDAC impounds truck convening banned drugs, vaccines

by on April 15, 2021 0

The National Agency for Food and Drug Administration and Control, (NAFDAC) said it has impounded a Mercedes truck laden with banned and unregistered medicinal products in Asaba, the Delta State capital. The Director-General of the agency, Mojisola Adeyeye expressed the agency’s resolve to ensure that only wholesome medicinal products and other regulated products were available […]

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UAE adopts guidelines to combat money laundering

by on April 14, 2021 0

The United Aran Emirate (UAE’s) National Committee for Combating Money Laundering and Financing of Terrorism and Illegal Organisations (NAMLCFTC) adopted anti-money laundering and countering the financing of terrorism (AML/CFT) guidelines for financial institutions, designated non-financial businesses and professions, at its meeting Tuesday. The Committee approved six-risk assessment reports related to terrorism financing, trade-based money laundering, […]

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