InfraCredit completes drawdown of its $10m loan agreement
Lagos based InfraCredit, an ‘AAA’ rated specialised infrastructure credit guarantee institution, says it has completed the drawdown of a $10m…
Bank cheque books to be outdated by December 31, 2020
Nigerian banks have started a process of updating their cheque books warning customers that present ones will be outdated by…
COVID-19: CBN disburses N369bn to SMEs, manufacturers, others
The Central Bank of Nigeria on Tuesday disclosed the disbursements it had so far made in various sectors of the…
CBN unveils N200bn loan for social housing
The Central Bank of Nigeria is set to release a cumulative maximum limit of N200bn to provide construction finance facility…
N4bn debt: AMCON takes over investment company’s assets
The Asset Management Corporation of Nigeria has taken over assets belonging to the chief promoters of Geedee Zulu Investment Limited,…
CBN fixes N500m maximum limit for Solar Fund
The Central Bank of Nigeria (CBN) has introduced a solar intervention fund that will offer obligors access to credit facility…
CBN urged to divulge identity of bank-funded poultry projects
The Poultry Association of Nigeria on Monday said it was interested in knowing the identities of 166 ongoing poultry projects…
How Fintech will influence the future of banking, says GT Bank’s Agbaje
Nigeria’s leading bank in tech innovations, Guaranty Trust Bank (GT Bank) is moving quickly with its restructuring plans. In March,…
Agric produce tops list of non-oil export earnings in May- CBN
Nigeria’s effort to transform its agriculture sector is yielding dividend as the top 10 export earnings from Nigeria in the…
Bankers Rally to Tackle Cybercrime in the System
The Central Bank of Nigeria and the Bankers’ Committee have launched a cyber-security and fraud awareness campaign, called ‘Moni Sense’,…