News & Insights

IMF proposes $ 650b special drawing rights to members — Kristinalina Georgieva


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African finance ministers pledge reforms for transparency, accountability 

African Ministers of Finance, Planning and Economic Development have expressed commitment to implementing the necessary reforms needed to promote transparency and accountability to mobilise domestic and external resources. The ministers said this in a communique at the end of the UN Economic Commission for Africa’s (UNECA) 53rd Conference of Ministers […]

Investors look up to MPC for direction

Decisions by investors in the nation’s equities market will be dictated by the outcome of the Monetary Policy Committee, MPC, meeting of the Central Bank of Nigeria, CBN, scheduled to hold today and tomorrow. But analysts are already projecting that the Committee would vote to keep  the monetary policy parameters […]

Refineries’ rehab, oil search, pipeline, others gulp N21bn — NAPIMS

The National Petroleum Investment Management Services, NAPIMS, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, invested N21.47 billion to rehabilitate the nation’s refineries, the Nigeria-Morocco gas pipeline and oil search in the frontier basins, among others in January 2021. In its February 2020 presentation to the Federation Account Allocation […]