African Export Import Bank (Afreximbank) has disbursed 150 million dollars to First Bank of Nigeria Ltd., under its Pandemic Trade Impact Mitigation Facility (PATIMFA). Group Head,...
The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances rose from N17.46tn as of December 2021 to N19.01tn as...
The Central Bank of Nigeria (CBN) has announced plans to introduce an unstructured supplementary service data (USSD) code to improve the adoption of its eNaira. CBN...
By Joseph Amah, Abuja The Debt Management Office (DMO) says Nigeria’s total public debt (federal and state governments) hit N41.6 trillion at the end of the...
By Joseph Amah, Abuja Access Bank Plc has disclosed that it has entered into an agreement to acquire the entire 83.4 percent equity stake held by...
Nigerian commercial banks borrowed N338.5bn from the Central Bank of Nigeria in January to bridge their funding gap, according to the banking data. Figures from the...
.Climbs from N12.5trn in June 2015 to N39.56trn by Dec 2021 With analysts in the financial service sector impressing it on the federal government to slow...
The negative trend continued on the Nigerian Exchange Ltd., (NGX) on Tuesday with the market capitalisation declining further by N519 billion to close at N28.006 trillion...
The new President of the Chartered Institute of Bankers of Nigeria (CIBN), Kenneth Opara, has asked bankers to create initiatives to attract youths to the banking...
Sterling Bank Plc has signed a Memorandum of Understanding (MoU) with the Nigerian Optometrist Association (NOA) to automate operations, enhance capacity and provide funding at competitive...