Finance & Economy
-
CBN allows banks to pay banned betting & gaming companies
The banned betting and gaming companies have received a temporary relief as they have been allowed to access their accounts…
Read More » -
Banking Sector Staff Strength Declines to 9-Quarter Low
The National Bureau of Statistics (NBS) has published the data on key banking sector statistics. According to the report, the…
Read More » -
AFREXIMBANK disburses US$200 million to Zenith Bank
The African Export-Import Bank (Afreximbank), has disbursed $200 million to Zenith Bank Plc Nigeria, in a bid to support critical…
Read More » -
Bank CEOs ‘explain’ why they resigned from NESG
The Managing Directors of three commercial banks who resigned from the Nigerian Economic Summit Group (NESG) which include Kennedy Uzoka,…
Read More » -
Buhari orders CBN to suspend forex for food, fertilizer importation
President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria (CBN) ”not to issue a kobo” of the country’s…
Read More » -
Nigeria’s debt stock Hits N31.1tr – DMO report
Nigeria’s debt public debt hit a total of N31.01trillion at the end of June, the Debt Management Office (DMO) announced…
Read More » -
Banking Sector Records 2.16bn Volume of Transaction in Q2 2020 – NBS
Total volume of 2,160,436,659 transactions valued at N263.78tn were recorded in the first six months of 2020 as data on…
Read More » -
Top 5 Things to Know in the Global Financial Market Today
– Tesla (NASDAQ:TSLA) plummets after stock sale and S&P 500 rejection, and the rest of the Nasdaq is also cooling…
Read More » -
Nigeria’s revenue falls by nearly 60%, says Buhari
President Muhammadu Buhari on Monday said the COVID-19 pandemic has resulted in trying times, not just for the Nigerian people,…
Read More » -
CBN moves against banks, gaming companies over unauthorised FX transfers
The Central Bank of Nigeria (CBN) has moved against some banks through which some gaming companies have been making unauthorised…
Read More »