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In a circular released in Abuja, CBN stated that it is prepared to meet the needs of all legitimate users. (Image source: dotun55/Flickr)

The Central Bank of Nigeria (CBN) has commenced the sale of foreign exchange totalling more than US$100mn through the commercial for school fees payments and for small and medium size companies wishing SMEs to make essential imports to revamp economic activities

The total new domestic borrowing under the 2020 appropriation becomes US$4.34bn which is the same as the total new borrowing in the 2020 Appropriation Act. (Image source: Ahmad Ardity/Pixabay)

The Nigerian government will borrow US$4.34bn from the domestic market to part-finance the budget deficit

The global Coronavirus pandemic is likely to reinforce this trend. (Image source: StockSnap/Pixabay)

Building a mobile-first greenfield bank is ranked as the top innovation strategy by 37 per cent of MEA banking executives, according to a global retail banking survey released by Temenos, the banking software company

Investment in Science Technology Engineering and Mathematics by African countries can open avenues for digital economy (Image source: Nattanan Kanchanaprat/Pixabay)

African Development Institute hosted a webinar in Abidjan, called ‘Enhancing Resilience in African Economies: Macro-Economic Policy Responses to COVID-19 Pandemic in Africa’

The COVID-19 pandemic has forced governments, corporations and individuals to take measures to ensure public safety. (Image Source: Matthew Rogers)

The African Export-Import Bank (Afreximbank), the African Union (AU) and the government of Rwanda have decided to postpone the second Intra-African Trade Fair (IATF2020) by one year due to COVID-19 pandemic. 

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