The Debt Management Office (DMO) says it will redeem treasury bills worth N198 billion maturing on December 14 and 21.
Seven Systematicaly Important Banks (SIBs) of the Central Bank of Nigeria (CBN) have paid N499 billion on income tax expenses between 2011 and 2016
As part of efforts to encourage commercial banks to lend more to operators of micro, small and medium scale enterprises (MSMEs), the Central Bank of Nigeria (CBN) is considering lowering the cash reserve requirement (CRR) for SME-focused banks.
The Central Bank of Nigeria under the auspices of the Bankers’ Committee has concluded plans to use the Bank Verification Number of customers to blacklist loan defaulters from accessing further loans in the nation’s banking system.
The Central Bank of Nigeria (CBN) has disclosed that an estimated N118 billion ($384.98 million at N306.4/ Dollar) has been spent by the Federal Government on debt services/payments between January and September 2017.
The Central Bank of Nigeria has expressed concern that “not a penny” of the N26 billion Agri-Business, Small and Medium Enterprises Investment Scheme (AGSMEIS) has been disbursed nearly one year after its establishment, even as it expects the fund to hit N60 billion by the end of the year.
In its bid to diversify the country’s economy away from oil, in line with the Federal Government’s economic plan, the Central Bank of Nigeria (CBN) has announced a revamp of the N500 billion Export Stimulation Fund for the promotion of non-oil exports in the country using the Anchor Borrowers’ Programme model.
The Federal Government, through the Debt Management Office, is scheduled to hold the last bond auction for the year on December 13, 2017.
Lagos State Governor, Mr. Akinwunmi Ambode, yesterday, said it was time for the government to review policies that inhibit growth, as well as come up with an efficient low-cost financial system that will work for all Nigerian.
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Saturday said that the bank would continue to support measures that would deepen penetration of financial services in the country.
The Central Bank of Nigeria (CBN) yesterday cautioned Nigerians against abusing the naira notes, warning that anyone caught would risk six months imprisonment or pay a fine of N50,000.
The global leader in payments Visa, today has announced a range of advanced sensory elements, to support the Visa brand when customers make transactions through connected, payment-enabled devices.
The naira, yesterday, appreciated to N360.31 per dollar in the Investor and Exporter (I&E) window, while the volume of dollars traded dropped by 7 per cent.
Iran on Sunday accused Asian Football Confederation’s governing body of bias for a mooted ban on it hosting club matches, after a spate of security incidents including the downing of an airliner.
Governor Hope Uzodinma of Imo State, has clarified statements alluding to his alleged plan to probe the administration of his predecessor, Emeka Ihedioha.
UFC welterweight champion Kamaru Usman’s Twitter account has been hacked, with a series of expletive-laden and racist tweets being published.
Sadio Mane is "happy to stay at Liverpool" for the foreseeable future, according to Jason McAteer, who feels Mohamed Salah is more likely to seek a move away from the club than the Senegal international.
President Muhammadu Buhari has assured that his administration would spare no efforts in tracking down criminals who have become a nightmare in the lives of Nigeria, high or low.
Dr. Dakuku Peterside has alleged that the recent address by Governor Nyesom Wike to traditional rulers in Rivers State is “demeaning, unbecoming, irresponsible and unbefitting” from someone who occupies such a dignified office.
Former Liverpool goalkeeper Pepe Reina is expected to join Aston Villa on loan from AC Milan on Monday.
Nigerian striker Josh Maja was on target in Bordeaux French cup defeat to lowly rated opponents Pau on thursday.
Barcelona have overtaken Real Madrid to top the Deloitte Football Money League for the first time and become the first club to break the 800 million euros (890.9 million U.S. dollars) revenue barrier.
The Resident Electoral Commissioner of the Independent National Electoral Commission in Akwa Ibom State, Mr Mike Igini, has warned parties against exhibiting vices that led to the cancellation of election in the Essein Udim Local Government Area of the state.