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The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35 percent in the previous month.

Central bank: Corporate loan defaults worsened for small businesses in Q4

The Central Bank of Nigeria (CBN) says the rate of default on collateral loans worsened in the fourth quarter of 2020.
Nigeria Naira

CBN: Naira to fall further in January

Barely five days to the end of the year 2020, the Central Bank of Nigeria has disclosed that a survey carried out by its Statistics Department revealed that the naira is expected to depreciate further in January 2021.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN: Rising inflation will make economy weaker

The Central Bank of Nigeria (CBN) survey for fourth quarter of 2020 (Q4 2020) showed that rising inflation will make the country’s economy weaker in 2021.
The Purchasing Managers’ Index (PMI) for the manufacturing sector in October stood at 49.4 index points, indicating a reversal of five consecutive months of contraction which started in May. The manufacturing PMI for the month of September

Manufacturing sector records growth in October – survey

The Purchasing Managers’ Index (PMI) for the manufacturing sector in October stood at 49.4 index points, indicating a reversal of five consecutive months of contraction which started in May. The manufacturing PMI for the month of September was 46.9 index points.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Nigeria’s manufacturing sector contracts further

As the Nigerian economy contends with the effect of the COVID-19 pandemic, the manufacturing Purchasing Managers’ Index (PMI) has further contracted for the fifth consecutive time at 46.9 index points.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN: Nigerians believe rising inflation’ll weaken economy

The CBN said the survey was conducted from May 18 to 27, 2020, with a sample size of 2,070 households randomly selected from 207 enumeration areas across the country and a response rate of 97.9 per cent.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN: Economy contracted in May

Economic activities in manufacturing, production, new others and other indices contracted in May after recording at least 36 months of consecutive growth.

Central bank’s PMI report shows rise in employment

The Central Bank of Nigeria (CBN) Purchasing Managers Index (PMI) report for July shows employment level index on the rise for the 27th consecutive month.

CBN: PMI shows growth in manufacturing sector

The Central Bank of Nigeria (CBN) report shows that Purchasing Managers Index (PMI) stood at 57.6 index points n July, indicating expansion in the manufacturing sector for the 28th consecutive month.

Expert: Why Nigeria’s inflation rate rose

A Statistician, Dr. Olatunji Arowolo, has attributed the increase in April Consumer Price Index to Ramadan.

CBN: Nigeria records 57.1 PMI points as at February

The Central Bank of Nigeria (CBN) said the Manufacturing Purchasing Managers’ Index (PMI) stood at 57.1 index points as at February, indicating an expansion in the manufacturing sector for 23 consecutive months.

CBN: PMI stands at 61.1 index points as at December 2019

The Central Bank of Nigeria (CBN) said the Manufacturing Purchasing Managers’ Index (PMI) stood at 61.1 index points as at December 2018, indicating an expansion in the manufacturing sector for 21 consecutive months.

Godwin Emefiele: Nigeria tops Africa’s remittances inflows

The Central Bank of Nigeria (CBN), Governor, Mr. Godwin Emefiele, has said Nigeria is leading other African countries in remittances inflows while being among the top five globally.

Godwin Emefiele: Nigeria tops African countries remittances inflows

Mr Godwin Emefiele, the Central Bank of Nigeria (CBN) Governor, says Nigeria tops other African countries in remittances of inflows and is among the top five globally.

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The allegation of marginalisation against Governor Udom Emmanuel by the Oro Think Tank is unfair and has no basis in objectivity, the Akwa Ibom State branch of the Civil Liberties Organisation, CLO, has declared.

Akwa Ibom wins CIRDDOC 2020 best budget transparency award

In a move that gives credence and endorsement of the commitment of the Udom Emmanuel led administration in ensuring openness, transparency and accountability in budgeting and governance, the Akwa Ibom State Government has been ranked one of the best performing states in the 2020 sub-National Budget Transparency Survey.
The Special Adviser to Governor Sanwo-Olu on Education, Barrister Tokunbo Wahab, inaugurated the board.

Lagos inaugurates six-man governing board for alternative high school for girls

Lagos State Government has inaugurated a six-member Governing Board for Alternative High School for Girls In Aboju area of the state.
FILE PHOTO - A view of the Natanz uranium enrichment facility 250 km (155 miles) south of the Iranian capital Tehran, March 30, 2005. REUTERS-Raheb Homavandi

Iran says 60% enrichment meant to show nuclear prowess, is reversible

Iran began enriching uranium to 60% purity in order to show its technical capacity after a sabotage attack at a nuclear plant, and the move is quickly reversible if the United States lifts sanctions, the Iranian government said on Tuesday.

NAPTIP calls for effective counter-trafficking policies, ideas to tackle human trafficking

The Director General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Imaan Sulaiman Ibrahim, has called for effective counter - Trafficking policies and ideas to tackle the manace of human trafficking.

2023: Kingsley Moghalu urges young people to join politics

A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has asked young people in Nigeria to actively participate in politics and help reshape the future of the country.

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BUA Cement Plc says it will sustain competitiveness with the N115 billion Series Fixed Rate Senior Unsecured Bond issue under the company’s maiden N200 billion bond issuance programme.

BUA donates medical facilities to host communities in Sokoto

As part of its corporate social responsibilities (CSR), one of the Africa’s leading cement giant, BUA Cement, recently donated drugs worth N10 million to the host communities in Wamakko Local Government Area of Sokoto State.
13. Governor Rotimi Akeredolu, who spoke during the passing out ceremony of 192 pioneer members of the Ondo State Security Network Agency (Amotekun corps officers) on Tuesday in Akure

Ondo: Amotekun arrests herdsmen, 250 cows

The Ondo State Security Network Agency, Amotekun Corps, on Sunday seized about 250 cows which allegedly destroyed 300-hectare farmland in Ipogun, Ilara Mokin and Owena Dan areas of Ifedore Local Government Area of the state.
A Nigerian police officer holds a bunch of handcuffs in Abuja on October 3, 2020. Sodiq Adelakun-Channels TV

Ekiti cult clash: Police arrest 35 more suspects

The police in Ekiti State on Monday arrested 35 more suspects in connection with the bloody cult clash in Ikere Ekiti, Ikere Local Government Area on Sunday.
Governor Samuel Ortom has denied reports that he requested a return of confiscated weapons.

Benue governor: 10,000 Nigerian boys and girls still held by Boko Haram

Governor Samuel Ortom of Benue State Thursday disclosed that over 10,000 Nigerian boys and girls are still being held by Boko Haram and indoctrinated with militant fundamentalism.

Ramadan: Former Kwara governor calls for prayers for harmony, prosperity in Nigeria

The former governor of Kwara State, Alhaji Abdulfatah Ahmed, has called for prayers for Nigeria’s harmony and prosperity as Muslims begin the holy month of Ramadan.