The Federal Government’s domestic debt outstanding rose by N1.26tn to N13.41tn as of June 2019, over…
Business & Economy
CBN sends strong message to banks on giving loans
The Central Bank of Nigeria has directed commercial banks to raise their Loan-to-Deposit Ratio from 60…
Failure to diversify from oil and gas is Nigeria’s major problem —Soludo
Former Governor of Central Bank of Nigeria (CBN) Prof. Charles Soludo, on Tuesday said Nigeria’s economy…
Why Nigeria’s Economic Growth Is Slow – CDD
The decline in government revenues and the slow and uneven growth in key sectors of the…
CBN sells N11.52tn treasury bills in nine months
The Central Bank of Nigeria sold N11.52tn Treasury Bills through the Open Market Operation in nine…
TUC condemns delay of minimum wage
The Trade Union Congress of Nigeria (TUC), South West zone, has condemned the delay in the implementation…
Businesses Anticipate Liquidity Boost as Deadline for New Lending Policy Ends
As the deadline given by the Central Bank of Nigeria (CBN) for commercial banks to maintain…
Nigeria loses $4bn CTG markets to China, Netherlands
Nigeria was home to Africa’s largest textile industry, with more than 180 textile mills employing over 450,000…
Lagos Govt Lauds Ecobank on Environmental Sustainability
Ecobank Nigeria’s environmental sustainability initiatives targeted at removing non- biodegradable elements particularly plastic bottles from the…
FG’s wages might increase by N556bn
The wage bill of Ministries, Departments and Agencies of government would have increased by N556bn in…
Six underwriting firms beef-up their financial base
Matthew Otoijagha While many insurance companies are yet to disclose their recapitalization plans as mandated by…
Nigeria gets €150m support from EU
The European Union says it will support Nigeria with 150 million euro to enable it to…
Investors want conversion of failed firms to micro-insurers
Matthew Otoijagha Experts in the nation’s insurance industry have called on Federal Government through the National…
NAICOM gives approval to 26 insurance firms’ to proceed with recapitalization plan
Matthew Otoijagha The National Insurance Commission (NAICOM) has given its approval for 26 insurance companies to…
CBN cautions DMBs against excessive Treasury Bill investments
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Tuesday warned Deposit Money…
Zenith Bank partners Gobir Foundation to empower 500 women
A non-governmental organisation, Gobir Organisation Foundation, has empowered 500 women traders in Kwara State with interest-free…
SEC sets to drive commodities trading
The Securities and Exchange Commission says it will hold a round-table conference on the commodities trading.…