Banks’ credits to private sector rise by 66% to…
Nigerian banks have created about N30 trillion in new loans and supports for the private sector in a sustained efforts that have seen the...
N54.2 trillion budget: Peter Obi tasks government on transparency
Peter Obi, former presidential candidate and ex-Governor of Anambra State, raised concerns about the lack of transparency in the N54.2 trillion national budget for...
Polaris Bank enrolls in Pan-African Payment and Settlement System
Polaris Bank, Nigeria’s leading digital retail Bank, has enrolled in the Pan-African Payment and Settlement System (PAPSS).
FG denies plans to borrow N20trn from pension fund
Abuja, May 16, 2024 – The federal government has denied reports that it planned to borrow N20 trillion from the pension fund to develop...
CBN Redesigns Naira, Begins Circulation Dec. 15
As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans to redesign certain denominations of the currency.
CBN moves to restore investor confidence, begins clearance of FX
The Central Bank of Nigeria (CBN) has started clearing backlogs of foreign exchange (FX) forward contracts through some banks as part of efforts to rebuild confidence in the Nigerian economy.
