Updates

Planning an Economy that Works for All Nigerians-Osinbajo

*VP adds: Mr President’s priority is how to lift 100m Nigerians out of poverty March 26, 2021/OVP In order to bring about a society and economy that works for all especially the poor and vulnerable, Nigeria’s national development plans must among other things, promote economic diversification, be modern, ambitious, realistic, flexible […]

A Satisfactory Bond Auction for the DMO

March 26, 2021/Proshare By FBNQuest Research  The DMO conducted its monthly auction of FGN bonds on Wednesday. It offered NGN150bn, raised NGN262bn (USD640m) and secured a total bid of NGN333bn. It will be pleased by the size of the total bid, which was the highest since September (NGN350bn). The marginal […]

IMF Approves Temporary Extensions and Modification of Access Limits

March 25, 2021/IMF The Executive Board of the International Monetary Fund (IMF) approved on March 22, 2021 further extensions of temporary adjustments made to its lending frameworks in the early months of the pandemic, allowing for adequate access to Fund financing through emergency instruments, the General Resources Account (GRA), and […]