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Samad Rabiu Launches $100 Million Annual African Fund For Social Development

Nigerian Industrialist and Philanthropist, Abdul Samad Rabiu, today announced the launch of the ABDUL SAMAD RABIU AFRICA INITIATIVE (ASR AFRICA) as well as a yearly Africa Fund endowment of USD100million starting from 2021 that will cater to various interventions in Education Health and Social Development. According to a statement by …

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CBN Keeps Monetary Policy Rate At 11.5%

The monetary policy committee of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate at 11.5 percent. Godwin Emefiele, the CBN governor, announced the committee’s decision on Tuesday at the end of a two-day meeting at the CBN headquarters. The committee also retained the liquidity …

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