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WTO concerned about Nigeria's exchange rate — DG, Okonjo-Iweala

Responding to this concern, she said, “So yes, the WTO is concerned about foreign exchange, the way we manage it, the way we use it and how we use it to support manufacturing or imports and exports in our economy.
“And I think we are in discussion with them about the complaints or about the exchange rate regime and we try to explain. I think having a strong exchange rate and being able to phase out of this, I think we’ll be heading in that direction.
“We’re also going to see the governor of the central bank, and will undoubtedly discuss some of these issues,” she said. ....

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رباب كساب: «على جبل يشكر» رواية أتخطى بها بعض هزائمي

رباب كساب: «على جبل يشكر» رواية أتخطى بها بعض هزائمي
dostor.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dostor.org Daily Mail and Mail on Sunday newspapers.

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NDIC to increase deposit insurance fund beyond N2trn ― MD

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Nigeria Deposit Insurance Corporation (NDIC) has revealed its intention to substantially increase its deposit insurance fund beyond N2 trillion, in order to cope with any widespread systemic failure that might occur in the future.
The new Managing Director of the corporation, Mr Bello Hassan made this known on Thursday at his inauguration and that of the new Executive Director, Operations, Mr Muhammed Ibrahim by Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed.
Hassan who was Director, Banking Supervision Department of the Central Bank of Nigeria until this appointment said there need to build up depositors’ insurance fund because that is what we use in making payout in the event of any liquidation. ....

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Benin Republic seeks Nigeria's help to produce rice

Benin Republic seeks Nigeria's help to produce rice
tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.

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Minister clarifies FG's borrowings, hints at extra budget for COVID-19Nigeria — The Guardian Nigeria News – Nigeria and World News

Despite criticisms of President Muhammadu Buhari administration’s penchant for foreign loans, the Federal Government said its decision was not misplaced, insisting that external borrowing was necessary ....

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