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This is just as Standard and Poor’s (S&P) has affirmed its ‘B/B’ long and short-term sovereign credit ratings on Nigeria. The agency also assigned a “stable outlook” on the country.
Despite Central Bank of Nigeria’s (CBN) effort to promote financial inclusion, the Nigeria Inter-Bank Settlement System (NIBSS) banking industry statistics shows that the number of customers using financial services reduced in 2017.
International Monetary Fund (IMF) has cautioned against rising risks in the banking sector leading to banks borrowing a total of N2.496 trillion from Central Bank of Nigeria (CBN) during the last three months of 2017 according to data obtained from the apex bank at the weekend.
One of Nigeria’s most reliable financial institutions, Keystone Bank Limited has launched ‘KeyServ’ (An Agency Banking Proposition) to serve customers outside its conventional brick & Mortar mode of banking.
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, said on Thursday the Monetary Policy Committee (MPC) meeting would hold between seven and 10 days after the Senate confirms the list of deputy governors and MPC members submitted by President Muhammadu Buhari.
President Muhammadu Buhari on Thursday inaugurated N50 billion Golden Sugar Estate in Sunti, Mokwa Local Government Area of Niger State.
The Central Bank of Nigeria (CBN), bank operators and other stakeholders in the financial sector on Thursday deliberated on ways to ensure financial inclusion of additional 7.6 million Nigerians in 2018.
Justice Gabriel Kolawole of the Federal High Court, Abuja has lambasted the Economic and Financial crimes Commission (EFCC) display of gross misconduct in the prosecution of an alleged N3.1 billion corruption case by the anti-graft agency.
The House of Representatives has resolved to investigate the alleged withdrawal of N10 billion from the Treasury Single Account (TSA) of the National Health Insurance Scheme (NHIS) domiciled in the Central Bank of Nigeria (CBN).
The Senate has approved that the nominees for the positions of Deputy Governor of the Central Bank of Nigeria and members of the Monetary Policy Committee be screened for confirmation.
Babatunde Fashola, Minister of Power, Works and Housing, on Monday accused power generating companies in the country of planning to disrupt energy supply to sabotage government’s efforts to revamp the economy through improved electrification of the country.
The Central Bank of Nigeria (CBN) in its quest to guarantee the availability of foreign exchange for customers’ needs has injected another 210 million dollars into the foreign exchange market.
The Electricity Meters Manufacturers Association of Nigeria (EMMAN) on Monday in Lagos appealed to the Federal Government to break the monopoly of distribution companies in the sale of meters to electricity consumers.
Leicester City’s Nigerian midfielder Wilfred Ndidi has agreed to join Liverpool this summer, according to a report on the Daily Star.
Juan Martin del Potro saved three match points in a thrilling BNP Paribas Open final on Sunday at Indian Wells in the U.S. before beating world number one Roger Federer.
Omoyele Sowore, the publisher of Sahara Reporters who has expressed his interest in running for the presidency in 2019 general election, has promised to raise the minimum wage for workers to N100, 000 if elected.
North Korea is in talks with the US and Sweden to release three jailed Americans, reports said, as diplomatic activities intensified ahead of Pyongyang’s planned summits with Washington and Seoul.
Edo State chapter of the Peoples Democratic Party, PDP, has explained that it was due to its concern for the well-being and security of lives of people of the state that motivated its sponsor of a bill for the prohibition of open grazing in the state.
Despite the directive given by the federal government to all para-military services in country for the harmonisation in promotions, salaries and other allowances of graduates of the Higher National Diploma (HND) from polytechnics and university degree holders, some personnel of the Nigeria Security and Civil Defence Corps (NSCDC) are complaining that the NSCDC is yet to comply.
The joint representative of the UN and the AU for Darfur in Sudan on Wednesday called for international efforts to carry forward the Darfur peace process beginning with cease-fire agreements.
Troops of the Nigerian Army have arrested 18 herdsmen in the Kwata Sule, Mbayer, Yandev and Kaambee areas of Benue State, who were caught grazing their cows on farmlands, an act which is against the state’s anti-open grazing law.
Vice President Yemi Osinbajo has contracted out media coverage of the marriage of his eldest daughter Damilola.
Former FBI deputy director Andrew McCabe, who has endured a year of withering attacks from President Donald Trump, was fired by the Justice Department Friday just days before he was to retire.