Okomu Oil Donate Relief Materials Worth Millions Of Naira To Victims Of Owan Fire Incident
RELIEF materials worth millions of naira have been donated to the victims of the November 18th 2022 fire disaster in…
Month: January 2023
Banks Lending Rate To Customers Hits 29.13%
THE maximum lending rate in the banking sector hit 29.13 per cent while savings deposit rates was 4.13 per cent…
Cash Swap: CBN Bans Abuja, Lagos PoS Operators
THE Central Bank of Nigeria has excluded mobile money/Point of Sales agents in Abuja and Lagos from its newly launched…
Business: Vantage Capital exits Pétro Ivoire
VANTAGE Capital (http://www.VantageCapital.co.za), Africa’s largest mezzanine debt fund manager, announced that in December 2022 it fully exited its investment in…
No Extension Of Date For Depositing Old Naira Notes – CBN
BUSINESS activities were temporarily slowed down at the Jalingo main market on Saturday as the Central Bank of Nigeria (CBN)…
‘Why Real Estate Subscribers Are Exposed To Fraud’
THE rising case of housing scams has been attributed to fake developers who only want to swindle gullible subscribers, experts…
CBN To Sanction Banks Hoarding New Naira Notes
THE Central Bank of Nigeria has vowed to sanction any commercial bank found hoarding the new naira notes, saying it…
Economists Foresee Stronger 3.3% Growth For Nigeria
CONTRARY to the 2.9 per cent growth projection of the World Bank for Nigeria for 2023, analysts are optimistic of…
Subsidy: Why FG Is Borrowing To Import Fuel – Finance Minister
THE Federal Government has said it sometimes borrows funds to buy petrol as the country continues to incur rising fuel…
CBN Injects $15.3bn To Stabilise Naira
THE Central Bank of Nigeria injected $15.3bn into the economy to stabilise the value of the naira from January to…