Banks Demand More Collateral as Loan Defaults Rise Banks are demanding more collateral from firms seeking loans as default rates have worsened, a new report from...
Passengers Shut Arik’s Operations Over Luggage Delay Arik Air’s international passengers on Tuesday shut down the carrier’s check-in counter at the Murtala Muhammed International Airport, Lagos...
AfDB Approves $600m Loan In another boost to the Nigerian economy, the board of the African Development Bank (AfDB) has approved the sum of $600 million...
Nigeria’s Economic Challenge is Reversible The fact that Nigeria is in a crucial point in its financial history notwithstanding, the situation has equally thrown up opportunities...
Minister Warns Discos Against Debt Blackmail The excuse for non-performance by power Distribution Companies (DisCos) based alleged huge debt of government establishments is no longer tenable,...
Super Falcons Threaten to Take Protest to Presidential Villa Players and officials of the victorious Super Falcons have threatened to take their protest to the doorsteps...
TSA Inflows Cover Government’s Borrowings, CBN Tells Sanusi Central Bank of Nigeria (CBN) yesterday debunked its former Governor and now Emir of Kano, Muhammadu Sanusi’s II...
20 Years After, NEPZA to Hands off Oil and Gas Free Zones Exactly 20 years after the Oil and Gas Export Free zone Act No. 8...
BoI Lists 200 Beneficiaries for FG’s N140bn Micro Credit The Bank of Industry (BoI) has enlisted 200 beneficiaries in Kano for the N140 billion Government Enterprise...
FCMB Wins SME Development Award First City Monument Bank (FCMB) Limited, has been named the ‘Best African Small and Medium Enterprises Development Bank’ of the year...