Tinubu Orders Banks to Shift Loans From Government to Businesses
President Bola Ahmed Tinubu has urged Nigerian banks to reduce their reliance…
Nigeria Food Inflation Climbs as Households Face Rising Living Costs
Nigeria’s inflation picture is showing mixed signals as headline inflation continues to…
CBN Reports Increase in Housing and Mortgage Credit Demand
More Nigerians are turning to bank loans to finance the purchase and…
NDIC Starts Compensation for Customers of 46 Closed Microfinance Banks
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the payment of insured…
Naira Strengthens to N1,369/$ at Official Market, N1,385/$ on Parallel Market
The Nigerian naira recorded gains against the United States dollar on Wednesday,…
CBN Revokes Licences of 46 Microfinance Banks Nationwide
The Central Bank of Nigeria (CBN) has revoked the operating licences of…
CBN Rate Pause Tightens Credit Conditions as High Interest Rates Slow Growth
The Central Bank of Nigeria’s (CBN) monetary policy decisions continue to shape…
Emefiele Trial: EFCC Submits Newspaper Publications As Evidence In Naira Redesign Case
The Economic and Financial Crimes Commission (EFCC) on Monday tendered several newspaper…
Emefiele Trial: Witness Tells Court Suspects Confessed to $6.23m Fraud
The trial of former Godwin Emefiele continued on Tuesday as a prosecution…
CBN Raises ATM Card Fees to N1,500, Scraps Monthly Maintenance Charges
The Central Bank of Nigeria has increased the fee for issuing and…