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...
Banks Record N32.9tn e-transactions in Q2 A total volume of 509,668,433 transactions valued at N32.90tn were recorded in the second quarter of 2018 as data on...
Domestic Debt Servicing Gulps N656.59bn in Three Months The Federal Government spent a total of N656.59bn in the second quarter of the year on servicing domestic...
Banks Worry as Power Firms’ Debts Worsen Many of the Nigerian banks that gave loans to core investors during the privatisation of the power sector in...
Stock Market: Investors Lose N220bn in One Day The NSE All-Share Index fell by 1.71 per cent to close at 34,663.48 basis points while the market...
