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CBN approves N50bn one-off seed fund to revamp Nigerian textile industry
By Omobayo Azeez The Central Bank of Nigeria (CBN) has…
Only 22 Nigerian banks have restructured $20bn loans of 35,640 customers
Banking industry gross loans and advances increased by N3.33 billion…
CBN directs banks to migrate to ISO20022; What benefits to customers?
By Charles Abuede The Central Bank of Nigeria (CBN) has…
Will the Central Bank of Nigeria pull the rate cut trigger?
As the coronavirus outbreak creates shockwaves across the globe, central…
CBN stops treasury bills’ sale to individuals
The Central Bank of Nigeria has given a directive to…
Economy: Nigeria spent N387bn or $1.09bnm servicing debts in 9 months, says CBN
By Omobayo Azeez The federal government of Nigeria spent $1.09…
OMO ban does not affect investing in FG securities – DMO
By Mudashir Tunde   The Debt Management Office (DMO) has…
CBN’s PMI report shows production growth slows in September
Production and employment levels and raw materials inventories grew at…
Banks race to improve deposits as CBN’s 60% LDR directive elapses in 2 weeks
In the wake of an approaching deadline towards meeting the…
External reserves lowest in six months, at $42.84bn
The nation’s foreign exchange reserves have declined further, falling to…