Palliative loan: World Bank disburses $299.99 million to Nigeria
The World Bank has finally disbursed about $299.99 million to Nigeria out of the $800 million approved for the National...
Old notes to remain legal tender in Nigeria ‘forever’ – CBN
The Central Bank of Nigeria (CBN) has removed the deadline for legal tender status of old N200, N500, and N1000...
Hard times: Nigerians borrow N290bn from banks in three months – CBN report
The challenging economic situation of the county has pushed more Nigerians into debt as about N290bn was borrowed from banks...
Payments to depositors of 20 failed banks to hit N61.63 billion – NDIC
The depositors, creditors, and shareholders of 20 liquidated banks are expected to get about N61.63 billion as paid liquidation dividends.
CBN “lacks experience” to conduct monetary policy under float – EIU
The report also indicates that CBN "lacks the firepower" to clear the $6 billion forex backlog. It also claimed the...
Nigeria may lose 0.5% growth rate in one year over China’s slowing economy – IMF
IMF have said that a one percentage point decline in China’s growth rate may lessen average growth in Nigeria by...
USDA, NESG task FG on food safety standards in Nigeria over rejected food exports
USDA and the NESG have tasked the Federal Government to establish policies and regulations to drive high food safety standards.
FG plans lending scheme for clean energy adoption in Nigeria – BoI MD
The Federal Government, through the Bank of Industry, plans to implement an on-lending financing scheme to support the adoption of...
Cash transfer: Less than 1% of registered poor Nigerians have NIN – World Bank
A significant number of poor and vulnerable people may be excluded from the Federal Government’s cash transfer programme, as the...
