1. Cash reserve ratio (CRR) policy: Balancing stability with economic stimulus Nigeria’s CRR ratio increased by 5 percent to 27.5 percent in January 2020 but the actual effective rate is estimated to be above 50 percent.19 Under current regulations, Nigerian banks can request to access deposit...
Environmental health situation in Nigeria: current status and future needs. Heliyon. 2021;7(3). The paper provides updated information on implication environmental ealt in Nieria. Megbowon E, Mukarumbwa P, Olawuyi S. Household cooking energy situation in Nigeria: insight from malaria indicator ...
As you explore this fascinating country, remember to stay informed about current conditions, respect local customs, and approach your journey with patience and a sense of adventure. Nigeria’s complexities and contrasts are part of what makes it such a captivating destination. Whether you’re explor...
In response, CBN spokesperson Sidi Hakama emphasized that the bank’s measures aim to stabilize the foreign exchange market and strengthen the Naira. The ongoing volatility in the currency underscores the broader economic challenges in Nigeria and raises questions about the effect...
1. Cash reserve ratio (CRR) policy: Balancing stability with economic stimulus Nigeria’s CRR ratio increased by 5 percent to 27.5 percent in January 2020 but the actual effective rate is estimated to be above 50 percent.19 Under current regulations, Nigerian banks can request to access deposit...
"At one time, almost half our production was shut in because of pipeline vandalism. This compounded our economic situation and pushed us into the current recession we are experiencing in the country," he said. The Nigerian government would open its doors to welcome every genuine idea from exper...
Former Nigeria international Victor Ikpeba has said some current Super Eagles players will not break into the squad in his era. Ikpeba was a member of the Super Eagles side who impressed in the 1990s. He was part of the squad that won the 1994 AFCON and also got to the round of 16 of...
Nigeria Economic Development - Flags, Maps, Economy, Geography, Climate, Natural Resources, Current Issues, International Agreements, Population, Social Statistics, Political System, immigration
The Bill seeks to amend the provisions of the Labour Act relating to fines, which have become obsolete and no longer reflect current economic realities in Nigeria. It has progressed to the committee stage and will thereafter be read for the third time on the floor of the Senate, following ...
1. Cash reserve ratio (CRR) policy: Balancing stability with economic stimulus Nigeria’s CRR ratio increased by 5 percent to 27.5 percent in January 2020 but the actual effective rate is estimated to be above 50 percent.19 Under current regulations, Nigerian banks can request to access...