Central Bank of Nigeria
CBN releases N2 billion to SMEs in Kano
The Central Bank of Nigeria (CBN) has released N2 billion Small and Medium Enterprises (SMEs), fund to the government of Kano State and would soon be disbursed to artisans, the state governor ...
CBN announces a new forex regime
The Central Bank of Nigeria has announced a market-driven forex regime aimed at boosting the supply of foreign currency in the country.
Labour decries sack gale in banks, urges halt
The Nigerian Labour Congress (NLC) has described as unacceptable ongoing mass retrenchment of workers in the banking sector, saying the development puts the economy at a greater risk.
Recession and a realistic naira exchange rate
Government policy-makers are wont to point to the steep fall in Federation Account (FA) oil receipts for the economic downturn and failure by some FA beneficiaries to pay workers’ salaries...
Union Bank pledges to grow deposit base, transaction income
Union Bank Plc has pledged to drive its business priorities by focusing on growing deposit base, transactions income and clientele base in order to enhance profitability.
Forex expert lauds CBN’s ‘flexible policy’, seeks diversification
The newly adopted foreign exchange policy of the Central Bank of Nigeria (CBN) has been described as creating a sense of relief across the Nigerian economy and among foreign exchange traders.
At last, FG releases details of recovered loots
The figures showed that about N100bn has been recovered in both cash and assets.
Nigeria to hold investor roadshow next week
Nigeria will hold a non-deal roadshow in London next week, government sources said on Wednesday, as Africa’s biggest economy explores fund-raising options to finance budget.