The Lagos Chamber of Commerce and Industry (LCCI) has said that the directive by the Central Bank of Nigeria (CBN) imposing a...
The World Bank says the conditional cash transfer scheme of the Federal Government had little impact on household consumption, financial inclusion or...
Amidst the rush for recapitalisation, four deposit money banks in the country have upgraded their banking licence from regional banking to national...
The Central Bank of Nigeria (CBN) has disclosed that banks’ credit to the private sector declined by 12 per cent month-on-month in...
The federal government has opened discussions with Chinese agricultural/construction machinery vendors to boost the current administration’s agricultural transformation agenda as well as...
The Central Bank of Nigeria (CBN) has directed banks to stop charges on cash deposits until September 30, 2024. CBN disclosed this...
Nigerian banks’ lending, in the month of March, to the private and public sectors dropped by N23.99 trillion, data from the Central...
The Central Bank of Nigeria (CBN) has directed 0.5 percent Cybersecurity Levy deductions on electronic transfers. A circular issued by the CBN yesterday,...
Oil prices edged higher on Tuesday after Israel struck Rafah in Gaza, while negotiations for a ceasefire with Hamas continued without resolution,...
Back in January, we asked where the Naira/US dollar rate was headed. We mentioned three outcomes. The NAFEM rate and the parallel...