Nigeria has 40.4 billion dollars in it, but what is an External Reserve?

Nigeria has 40.4 billion dollars in it, but what is an External Reserve?

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The Central Bank of Nigeria (CBN) has announced that the Country’s external reserve now has $40.4 billion; the highest amount it has ever reached since 2014. Announcing the new development, Acting Director, Corporate Communications at the CBN, Isaac Okorafor, said the reserve…

Agricultural Boost: NIRSAL partners MECA to fix grounded tractors

Agricultural Boost: NIRSAL partners MECA to fix grounded tractors

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The Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL) has now form an agricultural mechanization partnership with the National Agency for Science and Engineering Infrastructure (NASENI) and Machine and Equipment Consortium Africa (MECA) to boost the agricultural sector by repairing grounded…

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