Nigerian banks have started cutting down on loans to the private sector as economic uncertainty persists amid rising risk. The latest data from the Central Bank...
Lekoil, an indigenous oil and gas exploration company, announced a net loss of $7.9 million for the six months ended June 30, 2020. In its unaudited...
Guaranty Trust Bank has emerged as the best digital bank in a recent survey conducted by Agusto & Co, a research and credit rating firm. In...
AMCON to Pay Central Bank Over N4 Trillion Debt In a bid to secure jobs and protect the banking sector from collapsing, the Asset Management Corporation...
CBN Says it Spent 3.5 Trillion to Cushion the Effect of COVID-19 on the Economy The Central Bank of Nigeria says it has disbursed a total...
INEC Seeking Approval to Withdraw N5.2 Billion According to Electoral Act 2010, the Special INEC Fund was created to enable the commission save a certain percentage...
GTbank to Restructure to Financial Holding Company The Guaranty Trust Bank Plc said it has received approval from the Central Bank of Nigeria and no-objection from...
More than 40 Percent of Americans Plan to Spend $500 on Black Friday Data presented by Stock Apps indicates that about 42% of Americans plan to...
Federal Government Deficit Hits N409.39 Billion in August The Central Bank of Nigeria (CBN) has said the Federal Government spent N409.39 billion more than it generated...
FG Grows VAT by Over 29 Percent to N424.71 Billion in Q3 2020 Finally, Nigeria’s internally generated revenue has started picking following a series of efforts...
