Cardinalstone Research looks at the financial authorities plan to cushion the adverse effects of covid-19 on the country’s economy,Monday,April 6,2020. Earlier today,Monday,April 6,2020, the Federal Government (FG), through the Minister of Finance, Budget, & National Planning, formally announced a set of fiscal stimuli aimed at easing the medical-cum-economic Continue Reading
The Federal Government has so far released the sum of 5.1 trillion Naira out of 6.06 trillion Naira passed by the National Assembly in the 2016 budget. The Minister of Finance, Kemi Adeosun, said this on Wednesday at a meeting organised by the Joint National Assembly Committee on Appropriation in Abuja, Nigeria’s capital. Mrs Adeosun […]Continue Reading
by Sanya Ademiluyi Perhaps, Finance Minister, Kemi Adeosun may be better known for her prominent British accent than her actual performance as chief of the Nigerian economy. She may also have deepened her uninspiring reputation as the country’s finance chief by her frequent prominent announcements of discoveries of ‘ghost workers’ on the government’s bloated […]Continue Reading
President Muhammadu Buhari has agreed to restore the Export Expansion Grant ,EEG, which was suspended early last year, Segun Awolowo, Chief executive of Nigerian Export Promotion Council of Nigeria ,NEPC has said. Awolowo who was speaking during a fact-finding visit of the Senate Committee on Trade and Investment to the headquarters of NEPC in Abuja […]Continue Reading
Godwin Emefiele,CBN gov Tilewa Adebajo By Sanya Ademiluyi In a surprise move,the Central Bank of Nigeria,CBN staged a flotation of the Nigerian currency,Naira a month ago.The real surprise was that the CBN governor, Godwin Emefiele and his team of senior executives staged a highly successful flotation-guiding the currency to an exchange rate against the hard […]Continue Reading