Nigerian banks’s non-performing loans (NPL) ratio rose to 5.3% in April 2022 from 4.84% held in February 2022, according to data from the Central Bank of...
The International Monetary Fund (IMF) says it has given Nigeria $6. 8 billion in facilities between 2020 till date, following the outbreak of Covid-19. Mr. Ari...
BY EMEKA EJERE Despite the interventions of the Central Bank of Nigeria (CBN), the naira has continued to depreciate closing last week at N610 per dollar...
Banks’ credit to the government increased by 17.7 per cent, specifically N2.5 trillion, to N16.6 trillion as at April 2022 from N14.1 trillion as at January,...
BY EMEKA EJERE The Lagos Chamber of Commerce and Industry (LCCI) has stressed the need for the Central Bank of Nigeria (CBN) to expand its targeted...
The Lagos State Government owned 32-metric tons per hour Rice Mill in Imota, Ikorodu division, will be ready for inauguration in 10 weeks. The state Commissioner...
Manufacturers and distributors operating in the country have been urged to embrace B2B e-commerce to fully exploit their target market within and outside the country. B2B...
By AYOOLA OLAOLUWA Nigerians, especially the unemployed and low-income earners are groaning over incessant taxation by the Federal Government. Faced with dwindling revenue and unable to...
BY EMEKA EJERE There are strong indications that the Nigerian economy may be on its way to another recession unless serious steps are taken by the...
