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CBN REPORTED A SIGNIFICANT INCREASE IN FOREIGN EXCHANGE.

The Central Bank of Nigeria (CBN) has reported a significant increase in foreign exchange inflow into the economy in February 2024, with marked increments in remittance payments by Nigerians overseas and purchases of naira assets by foreign portfolio investors.

IWF

The Minister of Finance and  Coordinating Minister of the Economy, Wale Edun has emphasized the Ministry’s commitment to partner with the Central Bank of Nigeria (CBN) in the Crude -Oil and Gas export in order to cushion the present economic realities on key Government policie

WALE EDUN EMPHASIZES THE MINISTRY’S COMMITMENT.

The Minister of Finance and  Coordinating Minister of the Economy, Wale Edun has emphasized the Ministry’s commitment to partner with the Central Bank of Nigeria (CBN) in the Crude -Oil and Gas export in order to cushion the present economic realities on key Government policie

DBN HAS DISBURED 700 BILLION NAIRA.

In other news, The Development Bank of Nigeria (DBN) said it has disbursed 700 billion naira as loans to entrepreneurs with about 137 billion Naira to women and women owned business

PRESIDENT TINUBU DIRECTS (MDA)

President Bola Tinubu has directed relevant Ministries, Departments, and Agencies (MDA) of the Federal Government to ensure that the outcomes of research in science and technology are used to enrich

IWD.

President Bola Tinubu celebrates the pivot of the nation, Nigerian women, on the occasion of this year’s International Women’s Day. 

DEMOCRATIC SYSTEM OF GOVERNMENT ACCEPTED.

The Chief of Army Staff,  Lt. Gen.  Taoreed Lagbaja, on Tuesday, said personnel of his service had accepted the democratic system of government in place in the country and had no plan to truncate it.