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...
Why IMF releases $7.5 bn loan for Argentina
The International Monetary Fund (IMF) says it has released a loan tranche of $7.5 billion for Argentina, in a deal that took four months to negotiate.
Tinubu suspends Godwin Emefiele as CBN Governor
In his determination to turn Nigeria's ailing economy around, President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor.
Why FG has no intention of borrowing – Finance Minister
The Minister of Finance and Coordinating Minister of the Economy, Chief Wale Edun has said that the Federal Government has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation.
Polaris Bank explains easy conversion of dollars to naira
Polaris Bank, one of Nigeria’s new generation banks, has outlined steps for converting dollars to naira at customers’ convenience.
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.
