December 13, 2023/CBN The Central Bank of Nigeria (CBN) has again assured members of the public that it is addressing the reported cases of cash scarcity in some major cities across the country. It attributed the current situation to the hoarding of the Naira by some persons due to challenges […]
Updates
AMCON Recovers Over N1.8Trillion, Remains Profitable Year-on-Year
December 13, 2023/AMCON The Asset Management Corporation of Nigeria (AMCON) has so far recovered over N1.8trillion. This was disclosed on Wednesday by the Managing Director/Chief Executive Officer of the Corporation Mr Ahmed Lawan Kuru OFR. Kuru spoke at the first interactive session with members of the 10th Senate Committee on […]
Turning the Corner, Time to Move from Reforms to Results
Image Credit: World Bank December 13, 2023/World Bank The Government of Nigeria avoided a fiscal cliff by implementing bold reforms, including ending the gasoline (premium motor spirit, PMS) subsidy, and shifting to a unified, market-reflective foreign exchange (FX) rate. These essential reforms entail painful adjustments. They have led to an […]
