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...
As the world is evolving digitally, Nigerian banks are currently looking for ways to make the banking experience better and FirstBank is not an exception to...
The Federal Government plans to borrow about N4.89tn from internal and external sources to finance the deficit in its proposed 2022 budget of N13.98trn due to...
The African Development Bank Group, on 17 August 2021, announces the 18-month debarment of Sargittarius Nigeria Limited and its affiliates, including Sargittarius Henan Water Conservancy Engineering...
The International Monetary Fund (IMF) has said Nigeria’s foreign liabilities rose by 42.41 percent from $131.56 billion in 2016 to $187.36 billion as of December 2020....
The African Development Bank has reached financial close on financing agreements for a $20 million concessional investment from the Sustainable Energy Fund for Africa (SEFA) for the Covid-19...
GCR Ratings (“GCR”) has assigned an initial national scale financial strength rating of A-(NG) to Lasaco Assurance Plc, with a Stable Outlook. Rated Entity / Issue Rating...
The Central Bank of Nigeria (CBN) and the bankers’ committee have made move to digitize dollar sales for legitimate needs through creating an App. Such legitimate...
The Federal Government realised a total sum of N472.07 billion as Company Income Tax (CIT) in the second quarter (Q2) 2021, the National Bureau of Statistics...
The World Bank has stated that Nigeria is among a list of top 10 countries with high debt risk exposure. It stated this in the financial...
