Banks Suspend BDCs’ Accounts Over Taxes Banks are shutting down Bureau De Change (BDC) accounts over the demand that the operators pay taxes on their transactions...
Investors Gain N198bn as 11 Stocks Appreciate Investors in the nation’s equities market on Thursday recorded N198bn increase in their holdings at the close of trading...
CBN Pegs Maximum Credit Facility to Agric, Manufacturing at N10bn The Central Bank of Nigeria has released the guidelines for accessing the Real Sector Support Facility...
Mining Ministry Accesses N15b Intervention Fund The Ministry of Mines and Steel Development has accessed N15 billion from the N30 billion Mining Intervention Fund, the Minister...
Banks to Submit Bids for Second Yuan Auction The Central Bank of Nigeria (CBN) has asked banks to submit bids for the Chinese yuan in line...
Power Sector ‘Lost N324.3b’ in Eight Months New data from the advisory power team in the office of Vice-President Yemi Osinbajo has shown that the power...
FG to Increase Loans to Artisans Vice-President Yemi Osinbajo has said that the Federal Government will extend its different loan projects to more low and middle...
Banks’ Lending to Private Sector Declines by N600.60b The total loans granted by Nigerian banks to the private sector declined from N16 trillion in the first...
Monetary Policy, Forex Interventions Keep Inflation Rate Low Encouraged by the prevailing recovery rate in the economy, the Central Bank of Nigeria (CBN) has reiterated confidence...
Sallah: Banks Recorded 278,966 Failed Instant Pay Transactions Bank customers experienced 278,966 failed electronic payment transactions on the Nigeria Interbank Settlement System Instant Pay platform on...
