The Central Bank of Nigeria’s foreign exchange intervention in the economy declined by $930m in the third quarter of 2021 to $4.03bn from $4.96bn in Q2. The CBN disclosed this in its report on the supply of forex for the third quarter of 2021. Its intervention in the Investors & Exporters, SMEs and the invisible […]Read More
The United Nation’s fund for children, UNICEF, is predicting an “imminent shortfall” of up to 2.2 billion of the single-use syringes used for Covid-19 vaccination, a report that poses a huge problem for the vaccination drive in Africa. As vaccines begin to flood the continent, the WHO shared that the shortage of both single-use syringes […]Read More
As at December 31st 2020, over N3 trillion out of the N4.2 trillion intervention funds disbursed by the Central Bank of Nigeria are outstanding. This is a total of 72.5 percent yet to be reimbursed to the apex bank. According to data from the recently released fourth-quarter economic report (4Q’2020) of Nigeria’s Apex bank, the […]Read More
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