Daily Archives: February 13, 2024

Standard Chartered Bank says present economic reforms will boost credit outlook in 2024

Standard Chartered Bank has projected that the current Nigeria’s economic reform initiatives are anticipated to play a pivotal role in revitalizing Nigeria’s credit landscape by the year 2024.

CBN fails to account for $4.5bn in Foreign Reserves during COVID years — Audit Report

The sum of $4.5 billion cannot be accounted for in Nigeria’s Foreign Reserves between 2018 and 2019, an audit report of the Office of the Auditor-General of the Federation (OAuGF) has revealed.
The infraction happened in the wake of the COVID-19 pandemic, under Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), who is currently facing corruption charges.