Tag: Kemi Adeosun

Nigeria in ‘exploratory talks’ with World Bank, not asking for emergency loans: minister

Mon Feb 1, 2016/Reuters Nigeria has held exploratory talks with the World Bank to borrow in order to help fund a record budget in 2016 but has not applied for any emergency loans, Finance Minister Kemi Adeosun said on Sunday. Africa’s top oil producer is planning to borrow as much […]

Motorists, firms to pay more for insurance

January 28, 2016/Punch Nike Popoola The cost of procuring insurance cover for vehicles and corporate businesses will soon be reviewed upward by the Federal Government and operators in the underwriting business to make up for inflation and the lingering economic challenges in the country, investigation has revealed. Some of the […]

Nigeria must “harmonise” monetary and fiscal policies: finance minister

Sat Jan 23, 2016/Reuters By Sujata Rao DAVOS, Switzerland (Reuters) – Monetary and budgetary policies in Nigeria need to be “harmonised” to boost the economy, Finance Minister Kemi Adeosun said on Friday, adding that moves towards this can be expected. Nigeria has just unveiled a large increase in budget spending […]