The Central Bank of Nigeria, CBN has urged Nigerians to avoid patronising illegal money lenders while drawing their attention to the great risk ahead of such...
Further to the judgment of the Federal High Court on the 8th of September 2021, the Asset Management Corporation of Nigeria (AMCON) has announced its takeover...
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, has introduced a Smart Loan digital solution to enable customers who have an account with their...
The banking industry saw a 13.6 percent MoM (month on month) increase in bad loans to N2.76 trillion in August 2021, and the Central Bank of...
CBN Governor Godwin Emefiele said that the policy would take prospective beneficiaries through a process of scrutiny before they would be deemed eligible for the loan.
The Central Bank of Nigeria (CBN) has capped its recently announced 100 for 100 policy loan on Production and Productivity (100 for 100 PPP) at N5...
The Central Bank of Nigeria (CBN) has disclosed that credit to private sector went up by N498.6billion in August to N33.26trillion from N32.8trillion reported in July...
A new report from the Central Bank of Nigeria (CBN) has revealed that President Muhammadu Buhari-led’s administration has borrowed a total sum of N14.86 trillion from...
Nigeria’s liabilities to the World Bank and the African Development Bank rose from $7.14 billion to $14.25 billion between June 30, 2015, and March 31, 2021,...
Women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy will have access to long term funding from First City Monument...
