Federal government has announced plans to roll out a N2.3 trillion stimulus package and survival fund for Micro Small and Medium Enterprises (MSMEs) to stay afloat...
Nigeria Deposit Insurance Corporation (NDIC) has proposed stiff penalties for negligent directors of failed banks, toserve as a deterrent to officers and directors of banks, and...
Central Bank of Nigeria (CBN) has said, in line with international best practices and to avoid duplication of functions, it should retain exclusive right to the...
Central Bank of Nigeria (CBN) has requested statutory powers to freeze accounts linked to criminals in the country. The apex bank has also called for the...
The House of Representatives is to investigate the Federal Ministry of Finance and the Central Bank of Nigeria (CBN) for engaging in extra budgetary spending of...
Central Bank of Nigeria (CBN) has released guidelines on Global Standing Instruction (GSI) that would enable banks to debit account of loan defaulters without recourse to...
Bank of Industry (BOI) is reviewing strategies to ensure continuous support for enterprises, especially those hard hit by the COVID-19 pandemic. Specifically, it is deepening penetration...
The Central Bank of Nigeria (CBN) told lenders on Monday to stop processing documents for maize imports into the country with immediate effect, the bank said...
Central Bank of Nigeria (CBN) on Sunday formally takes over the National Theatre in Lagos on behalf of the bankers committee. Godwin Emefiele, governor, CBN, said...
By Lukman Otunuga, Senior Research Analyst at FXTM As the coronavirus menace dug its vicious talons deeper into Africa’s largest economy, the Central Bank of Nigeria...
