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CBN Recovers N3.7tn from N9.3tn It Lends to Business Owners
Dr Yusuf Yila, the Central Bank of Nigeria’s director of development finance, has disclosed that out of the N9.3 trillion…
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CBN Increases Interest Rate To 15.5,%
The Central Bank of Nigeria (CBN) has raised interest rates to 15.5%, blaming the prevailing inflation rate. CBN Governor Godwin…
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FG To Invest N75 Billion For National Youth Bank
The Federal Government says there are plans to establish National Youth Bank as part of its empowerment programme in the…
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EFCC Investigates Emefiele, Oramah, Afreximbank President, Others Over $300m Paid To Acquire Union Bank
Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, President of African Export-Import Bank (Afreximbank), Professor Benedict Oramah are…
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eNaira Can Pose Risks To Nigeria’s Financial Stability, IMF Warns
By DAYO ADESULU The International Monetary Fund (IMF) has warned the Central Bank of Nigeria to tread with caution the…
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Over 2.5m Customers Visit eNaira Website Daily – CBN
BY LEVI JOHNSON Nigeria central bank governor Godwin Emefiele has disclosed that e-Naira and its underlying blockchain technology could increase…
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Nigeria Missing In The 20 Countries With Highest Debt Profile
BY DAYO ADESULU In spite of Nigeria’s rising debt profile nationally and internationally, the most populous black African country is…
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Buhari Appoints Wife’s Elder Brother MD of Nigeria’s Minting Company
BY LEVI JOHNSON President Muhammadu Buhari has approved the appointment of Ahmed Halilu as the substantive Managing Director of the…
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CBN Increases Bank Interest Rate On Savings Deposit By 2.8%
The Central Bank of Nigeria (CBN) has ordered Nigerian banks to increase the interest paid on savings deposit accounts from…
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