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Coronavirus: CBN announces N1.1tn intervention fund to support economy

The Central Bank of Nigeria on Wednesday announced a N1.1tn intervention fund to support critical sectors of the economy. The CBN Governor, Mr Godwin Emefiele said this in a statement made available to journalists. The governor in the statement said the out of the N1.1tn, about N1tn would be used to support the local manufacturing

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U.S. Orders Chinese State Media to Cut Staff in the U.S. by 40%

The Trump administration is ordering four Chinese state-owned news outlets to cut their Chinese staff in the U.S. by about 40%, amid a broader response to Beijing’s restrictions on American journalists and the expulsion of three Wall Street Journal reporters last month. Starting March 13, the four outlets will be allowed to employ a combined

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