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Nigeria: Coronavirus - Nigerian Governors Urge CBN to Stop States' Debt Deductions
Premium Times, 2 April 2020
The Nigerian Governors Forum (NGF) has urged the Central Bank of Nigeria to suspend all funds deductions from states and restructure their debt repayments. Read more »
Nigeria's Central Bank Urged to Hold Its Horses on Debt
Governors of the 36 States of the Federation have called on the Central Bank of Nigeria to suspend all funds' deductions from states and restructure their debt repayments. Chairperson of the Nigerian Governors' Forum, Governor Kayode Fayemi of Ekiti State, said that "such measures would help safeguard the liquidity of state governments and mitigate the economic impact of the COVID-19 pandemic ravaging the economy".
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Nigeria: Nigeria Faced With Unprecedented Economic Challenge - Osinbajo
Premium Times, 2 April 2020
"We must communicate to our people where we are now, and that we can no longer assume we are still where we used to be. We are faced with a challenge that no government in the… Read more »
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Nigeria: Coronavirus - Presidential Committee Meets Buhari, Says Nigeria's Economy in Bad Shape
Premium Times, 2 April 2020
President Muhammadu Buhari on Thursday met with the Presidential Committee on the impact of the coronavirus on Nigeria's economy, and directed the Ministry of Finance and National… Read more »
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Nigeria: Banks At Risk From Oil Price Slump, Coronavirus - Fitch Ratings
Daily Trust, 3 April 2020
Fitch Ratings, an international credit rating agency based out of New York City and London, yesterday reported that Nigerian banks' credit profiles face severe risks from the oil… Read more »
InFocus
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The Nigeria Centre for Disease Control has said that the death toll from the Lassa fever outbreak has risen to at least 185. Nigeria is currently dealing with what is ... Read more »
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Authorities in North-East Nigeria are worried that the coronavirus may break out in camps housing internally displaced persons where overcrowding can increase the risk of ... Read more »
