The Central Bank of Nigeria (CBN) has mandated other financial institutions (OFIs) to enroll in he credit risk management system (CRMS). CBN gave the directive in...
The Debt Management Office (DMO) has said it is advisable for Nigerians to invest in the various Federal Government Securities, as they are profitable and risk-free....
A study by Boston Consulting Group (BCG), a global management consulting firm, says that Nigeria and 44 other countries around the world are severely exposed to...
Oil prices on Tuesday rose significantly after the European Commission (EU) countries agreed to ban 90 percent of Russian oil imports by end of 2022. Brent...
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...
