January 8, 2021/IMF The Executive Board of the International Monetary Fund (IMF) on October 30, 2020, reviewed the adequacy of the Fund’s precautionary balances.[1] Precautionary balances, comprising the Fund’s general and special reserves [2] and the Special Contingent Account (SCA-1), are one element of the IMF’s multi-layered framework for managing […]
Updates
Nigerian Bourse Ends First Trading Week of 2021 in Red
The local bourse ended the first trading week of 2021 in the red, as losses recorded on the second and last trading days eroded gains from the other trading days of the week. Accordingly, the All-Share Index declined by 0.4% w/w to close at 40,120.22 points. January 8, 2021/Cordros Report […]
Osinbajo Welcomes Microsoft Offer to Support Nigeria’s Economic Sustainability Plan
*Top US-based tech firm joins global giants Facebook, Google, HUAWEI others focusing more on the country *VP: We will use technology to engage our youths & address issues affecting our people *Microsoft: Nigeria’s tech space would become most viable in Africa January 8, 2021/OVP Just as global technology giants including […]
