The Central Bank of Nigeria (CBN) has disclosed that it extended a staggering N40.67 billion in loans to its staff members during the year 2022, representing...
The Nigerian government has taken strict action against Soko Loans, imposing a hefty fine of N50 million for a severe data breach that compromised the personal...
The Federal Competition and Consumer Protection Commission (FCCPC) has taken action against Google Limited Liability Company (LLC) and directed them to remove applications (apps) of 18...
Short-term Central Bank Loans and Debt Restructuring Add to Mounting Fiscal Pressures
A Prominent Development Investment Bank, DLM Capital Group, Announces Successful Maturity and Redemption of Commercial Papers
In a significant development aimed at reviving its struggling economy and addressing a mounting debt crisis, Ghana has successfully secured a $3 billion deal with the...
Nigeria’s President Muhammadu Buhari has requested a fresh $800 million loan from the World Bank to fund the National Social Safety Net Programme. The loan will...
Nigeria’s external debt to the World Bank has increased by more than 120% under President Muhammadu Buhari’s administration, according to data released by the Debt Management...
The World Bank’s recently released Macro Poverty Outlook for Nigeria has highlighted the nation’s constant fiscal deficit as a major contributor to its public debt stock....
The Federal Competition and Consumer Protection Commission (FCCPC) through its CEO Babatunde Irukera have recently disclosed that the commission is surprised to discover that Nigeria has...