Banking & Finance
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81Banks Add 2.7m New Accounts as BVN-linked Accounts Rise to 66m
The Nigeria Inter-Bank Settlement System (NIBSS) data has shown that the number of Nigerian bank account owners linked to Bank Verification Number (BVN) hit...
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31Banks Halt Instant Alerts for Cheques Pending Clearance
In compliance with a recent directive from the Central Bank of Nigeria (CBN), banks have begun suspending instant transaction alerts for cheques...
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97Severe Credit Constraints Crippling Manufacturers –NCGC
The Federal Government has reiterated its determination to bridge the credit gap for Micro, Small and Medium enterprises (MSMEs), local manufacturers and...
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81Nigeria’s Financial System Stable, Reforms Irreversible –Cardoso
As global headwinds torment financial markets, the Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, has asked anxious Nigerians and the international...
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35High Interest Rates Now Nigeria’s Biggest Business Threat –CBN
Businesses across Nigeria are feeling the squeeze of rising borrowing costs, with high interest rates emerging as the most pressing constraint to...
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164FG Gets Fresh $500m World Bank Loan to Finance Electricity
In spite of the N4 trillion debt owed the electricity sector, the Federal Government has again obtained a $500 million loan from...
