Rising Non-Performing Loans Hit Nigerian Banks in H1 2023
Investigation has shown that Nigeria faces the challenge of an unutilized World Bank loan amounting to $8.25 billion as of July 2023. This information has been...
The ambitious Anchor Borrowers’ Loan Scheme, initiated by the Central Bank of Nigeria to boost cash flow for agricultural production in the country, is encountering hurdles...
A confidential communication from the Central Bank of Nigeria (CBN) to a prominent commercial Bank Plc has surfaced, shedding light on a decisive directive issued by...
The Central Bank of Nigeria (CBN) has played a pivotal role in bolstering the mortgage banking sector by disbursing loans and advances amounting to N37.6 billion,...
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