Bank of Industry Posts N39.33bn Profit The Bank of Industry posted a profit before tax of 39.33 billion for the financial year ended December 31, 2019....
Nigeria’s Debt Rises to N27.4 Trillion Says DMO The Debt Management Office on Wednesday said the nation’s total public debt rose to N27.4 trillion as of...
Non-Performing Loans Rise to N1.05tn in 2019 – NBS The non-performing loans in the Nigerian banking sector rose to N1.05 trillion as of December 2019, according...
PoS Transactions: Customers Record 175,911 Failure Point of Sale transactions failed 175,911 times on Tuesday as customers abide by the restriction order of the Federal Government....
COVID-19: CBN Halts Cheques Clearance Indefinitely The Central Bank of Nigeria (CBN) on Monday announced from March 31, 2020 it will no longer clear cheque instruments...
LDR Boosts Credit to Private Sector by N2.35trn The Central Bank of Nigeria’s Loan to Deposit Ratio boosted the nation’s credit facility to the private sector...
Fidelity Bank to Halt Operations in Lagos, FCT, Ogun today Due to the rising number of confirmed cases in Lagos, Abuja and Ogun States, the management...
Stock Market Declines by 1.52% Last Week The Nigerian Stock Exchange (NSE) extended bearish trend last week as the lockdowns and the number of confirmed coronavirus...
Debt Servicing: State Governors Spent N3.6bn in January State Governors spent a combined N3.6 billion servicing external debts in the month of January. This amount represents...
Naira Slides to N402/$1 as CBN Suspends FX Sales The foreign exchange rate of the Nigerian Naira to a US dollar declined further on Friday after...
