Inflation climbs to 26 months high
By Osaze Omoragbon Nigeria inflation broke a two years barrier rising to a high of 12.56 percent in June according…
CBN seeks creation of ‘Credit Tribunal’
The Central Bank of Nigeria (CBN) is requesting the creation of a credit tribunal in the mould of the defunct…
$500 million: Finance ministry, CBN under fire
The House of Representatives is set for a showdown with the Ministry of Finance and the Central Bank of Nigeria…
FIRS gets N168.8bn for 2020
The Senate on Wednesday approved the sum of N168.8 billion to fund the proposed personnel, overhead and capital expenditure cost…
CBN orders banks to debit account of defaulters
By Osaze Omoragbon Loan defaulters are in for tough times as the Central Bank of Nigeria (CBN) has issued guidelines…
CBN issues Islamic financing guidelines for agric development
By Osaze Omoragbon Following the success of its various interventions in agriculture development, the Central Bank of Nigeria (CBN) has…
UBA Appoints Two Deputy Managing Directors for Nigeria and Africa
As part of efforts towards consolidating operations in the face of global economic uncertainties, the United Bank for Africa Plc…
Nigeria Records High Mobile Payments Growth
Contrary to fears that Nigerians are stuck with traditional payment methods with insinuations that mobile payment may not be viable…
CBN to disburse N220bn to Enterprises Development Fund
The Central Bank of Nigeria (CBN) said it had set aside N220 billion to be disbursed as loans to cooperative…
Ripples in Nigeria over UK’s ‘Unexplained Wealth Orders’
United Kingdom’s new law that requires foreigners who own properties in the country to explain the source of their funds…