Foreign exchange earnings from Diaspora Remittances have for years, supported Nigeria’s economy. But the World Bank has projected global remittances to decline sharply by about 20...
Adebayo Obajemu Following intense criticism over difficulties in accessing the apex bank’s COVID-19 loan, the Central Bank of Nigeria (CBN) has Monday disclosed that households and...
In a bid to alleviate the impact of the coronavirus pandemic on the country, the Central Bank of Nigeria (CBN) has introduced the N50 billion Targeted...
Adebayo Obajemu Microfinance Banks (MfBs) has been given a deadline of April 2022 by the Central Bank of Nigeria (CBN) to achieve N200 million minimum capital...
By JULIUS ALAGBE Nigeria’s economy is facing multiple economic stress-tests from various angles due to waves of Coronavirus pandemic that hit the global economy. The Institute...
By JULIUS ALAGBE Fitch, an international rating agency has stated that reduction in Nigeria’s oil supply into the market will affect growth, and impact on the nation’s...
BY EMEKA EJERE Polaris Bank Limited at the weekend left no one in doubt that it is on the right track to its mandate of a...
By FELIX OLOYEDE The demand for dollars by businesses that have obligations to settle abroad and the dearth of inflows into Nigeria have intensified pressure in...
...harps on enhanced local manufacturing sector By Obinna Ezugwu Godwin Emefiele, Central Bank of Nigeria (CBN) governor, has rolled out elaborate measures to grow the Nigerian...