The Central Bank of Nigeria (CBN) has assured investors that it will continue to carry out its liquidity management mandate through the issuance of Open Market Operations (OMO) bills in order to ensure price stability.
The Central Bank of Nigeria (CBN) at the weekend disclosed that despite the increase in the value and volume of electronic payment transactions this year, there have been decline in fraud cases.
The chairman of Swiss banking giant, UBS, Axel Weber, has said that bitcoin is not an effective means of payment, since it is not universally accepted.
Access Bank Plc disclosed at the weekend that it has so far secured at least $250 million from multilateral agencies for financing as low interest funds to the Micro, Small and Medium Enterprises (MSMEs) sub-sector of the Nigerian economy.
The federal government has made good its promise to release the balance of the Paris Club refund to states, as 27 states of the federation have so far benefitted from the latest refunds.
The Federation Account Allocation Committee has distributed N609.95 billion to Federal, States and Local Governments as revenue generated in November.
The Federal Government on Saturday confirmed the release of the final tranche of the Paris Club refund to 27 state governments.
The Managing Director and Chief Executive of Bank of Agriculture, Mallam Kabir Muhammed Adamu, has said over N1.4 billion had been disbursed in Kogi State since the inception of the bank in the state.
The Ijaw Youth Council (IYC) worldwide, yesterday called on the people of the Niger Delta to take advantage of the Federal Government’s Anchor Borrowers’ Programme (ABP) for small scale farmers in Nigeria or lose out on its many benefits.
Debt Management Office (DMO) on Friday said Federal Government’s maiden N10.69 billion Green Bond, when concluded, would be listed on the Nigerian Stock Exchange (NSE).
Yields on Nigeria’s mid-dated treasury bills rose nearly 1 percentage point to 12 percent on Friday, extending a three-day rally as a sell-off which started this week continued, traders said.
The World Bank has called on states benefitting from the FADAMA programme to pay their own counterpart funds to enable them to benefit maximally from the programme.
The National Bureau of Statistics (NBS) says 213.69 million transactions valued at N19.33 trillion are recorded in the third quarter as data on Electronic Payment Channels in the banking sector.
Nigeria plans to issue a 10.69 billion naira ($29 million) debut green bond next week, the first tranche of a 150 billion naira programme, the environment ministry said on Thursday.
Nigeria’s central bank repaid a total of 340 billion naira ($1.1 bln) worth of treasury bills on Thursday instead of rolling them over, in a move to lower government borrowing costs, traders said.
A Nursing Expert, Mrs Victoria Opakunle, says regular medical checkup is critical to the prevention of depression, a mental disorder that can lead to mental illness and even suicide.
The police on Tuesday arraigned Mercy Sampson and Stella Madueke, in an Ebute Meta Chief Magistrates’ Court, Lagos, for allegedly kidnapping a three-year-old girl from a church.
The General Officer Commanding (GOC) 6 Division, Nigerian Army, Maj.-Gen. Jamil Sarham, who is also the Land Component Commander of Operation Delta Safe, has revealed that Rivers State Governor, Nyesom Wike, decided to declare war against him for rejecting his (Wike’s) billions of naira to compromise the February 23 and March 9, 2019 general elections in Rivers.
The Embassy of France in Abuja has condemned the recent attacks by terrorists on the United Nations Multidimensional Integrated Stabilisation Mission in Mali (MINUSMA) in Timbuktu.
Vice President Yemi Osinbajo has arrived Maiduguri, the Borno State capital, for a day working visit.
Nigerian male sprint sensation, Divine Oduduru, has revealed the passion to make his late dad proud has been the motivation for his blistering for on the track this season.
Ander Herrera believes Manchester United's players are responsible for 75 per cent of the team's failures this season and has defended Jose Mourinho, saying he 'tried everything'.
The administration of Governor Ifeanyi Ugwuanyi of Enugu State, in furtherance of its efforts to ensure the completion of the hitherto abandoned Enugu International Conference Centre, has approved the procurement and installation of external glass at the main auditorium of the edifice.
A renowned legal luminary, Professor Muhammed Tabi’u has urged President Muhammadu Buhari’s administration to strengthen his war against corruption, so as to ensure probity and accountability in governance.
Lionel Messi has won the Pichichi Trophy for the sixth time after finishing the season as La Liga's top scorer with 36 goals.