The Director of Development Finance of the Central Bank of Nigeria (CBN), Mr Mudashiru Olaitan, has commended farmers in the north-east for paying the loan granted to them by the bank under its Anchor Borrowers Programme (ABP).
The Bank of Agriculture (BOA) has commenced legal action against bad debtors, while trailing those that intentionally diverted loans to other uses, as part of efforts to recover N60 billion debt.
Bureau De Change operators in Benin are lamenting low patronage in spite of current political activities ahead of the general elections.
The Naira on Wednesday closed at N363.32 to the dollar at the investors window, the News Agency of Nigeria (NAN) reports.
The Central Bank of Nigeria (CBN) has pledged to increase the funding of the Anchor Borrowers Programme (ABP) due to the success of the programme in the North-east.
The Central Bank of Nigeria (CBN) has issued a directive for the commencement of the end-to-end electronic payment of salaries, pensions, suppliers and taxes in the country.
Gombe Commodity and Exchange Depot will on Tuesday in Gombe present a cheque of N1.5 billion as part of the farmers repayment loan to the CBN Anchor Borrowers’ Programme.
Union Bank of Nigeria Plc on Monday launch TechVentures, a unique banking proposition aimed at providing tailored services to technology companies in their various stages of business life cycle.
The Nigeria Customs Service said it generated about four trillion naira revenue for the country in the last four years.
Association of Bureaux De Change Operators of Nigeria, ABCON, has called on the Central Bank of Nigeria, CBN, to implement provisions of its 2014 circular which makes BDCs direct agents of international money transfer operators, IMTOs, as obtained in other countries.
Kenya is planning to launch its third sovereign bond worth $2.5 billion, but the East African country requires the assistance of a financial consultant to advice on the timing, pricing and viability.
Pursuant to its planned acquisition of Diamond bank PLC, Access Bank Friday announced the schedule for the court-ordered shareholders meeting for March 5, 2019.
The Bank of Industry (BOI) has said that the micro credit scheme of the Federal Government, TraderMoni was not conceived as a political product to induce voters ahead of 2019 elections.
The Federation Account Allocation Committee (FAAC) says it disbursed a sum of N8.03 trillion to the Federal and State Governments in 2018.
Tony Okpanachi, managing director, Development Bank of Nigeria (DBN), says in its first year of operations, the bank exceeded its projected performance with a total loan disbursement of N31.36 billion to 35,000 micro, small and medium enterprises (MSMEs).
The Naira on Thursday lost marginally to the dollar at the parallel market in Lagos exchanging at N362.5, weaker than N362 traded on Wednesday.
An economist, Prof. Pat Utomi, has said the likely retention of the Monetary Policy Rates for a while at 14 per cent was reasonable due to non-availability of pressure on the economy.
Lionel Messi warned Barcelona that LaLiga's title race is not yet over after his 50th career hat-trick inspired a 4-2 win at Sevilla.
The Comptroller of Prisons, Lagos State Command, Tunde Ladipo, says there are no cases of ballot box snatching by political thugs in all the places his team visited during the Presidential and National Assembly elections in the state.
The Independent National Electoral Commission (INEC) said it is satisfied with the ongoing conduct of the elections so far from the reports it has received from the 36 states and FCT.
Shehu Sani is seeking re-election to the Senate under the Peoples Redemption Party (PRP) while Uba Sani is vying on the platform of the All Progressives Congress (APC).
Hundreds of eligible voters’ in several parts of Ilorin metropolis were unable to cast their votes at the commencement of voting on Saturday following malfunctioning of smart card readers.
Three persons were killed and two others sustained gunshot injuries following shooting from suspected ballot box snatchers.
Electricity distribution companies do not believe that there are about 2,000 megawatts of electricity that are stranded in the Nigerian power sector.
Rave of the moment, Teniola Apata, a.k.a ‘Teni the entertainer’ has been featured by YouTube as its trending ’Artist On The Rise’ in 2019.
Principal players in the nation’s entertainment space, Nollywood, have intensified calls for government to make bundled broadband internet service widely available in its quest to diversify the economy and boost the emergence of local digital content.
Paul Pogba feels the current mood at Manchester United under Ole Gunnar Solksjaer resembles that of the Class of '92.