BREAKING: CBN Approves Abdullahi as New Chairman of First Bank Holdings
THE Central Bank of Nigeria (CBN) has approved the appointment of Alhaji Ahmad Abdullahi as the non-executive director of First…
FBN Holdings Plc Chairman Remi Babalola Resigns
Mr. Remi Babalola, the Chairman of FBN Holdings Plc has resigned from the board of the parent company of First…
World Bank approves $700m credit for Nigeria
The World Bank has approved a $700m credit from the International Development Association for the Nigeria Agro-Climatic Resilience in Semi-Arid…
CBN to spend N41 billion for dry season wheat farming
The Central Bank of Nigeria (CBN) has earmarked N41billion, which is being disbursed by Heritage Bank Plc to farmers across…
Nigeria’s public debt increases by N2.5trn to N38trn
Nigeria’s total public debt rose by N2.54 trillion, from N35.465 trillion at the end of the second quarter of 2021,…
Nigeria’s oil production increases by 2.55 million barrels – OPEC
Crude oil production in Nigeria increased by about 2.55 million barrels in the month of November 2021, the Organisation of…
FG may impose new taxes, tariffs soon
The Federal Government has indicated the possibility of introducing new taxes, tariffs and levies as part of measures to shore…
Banks record N1.3tn non-performing loans, still above benchmark – CBN
Banks recorded non-performing loans of N1.3tn as of November which is still currently above the industry benchmark, according to the…
SEC pledges to collaborate with stakeholders to reduce housing deficit
The Securities and Exchange Commission (SEC) has pledged to collaborate with relevant stakeholders on real estate investments in a bid…
NNPC’s remittances to federation account slide by N1.58tn in 10 months
Remittances by the Nigerian National Petroleum Company Limited to the federation account plunged by N1.581tn between January and October this…