The Central Bank of Nigeria (CBN) has directed bank directors with non-performing insider-related loans to resign immediately. Insider loans refer to those granted by a bank...
The Federal Government has reiterated its commitment to actively exploring non-oil revenue sources to reduce dependence on crude oil earnings and strengthen the economy. Speaking at...
According to the latest data from the Central Bank of Nigeria (CBN)’s Monthly Economic Report, Nigeria’s consumer credit outstanding surged by 26.29% to N4.42 trillion in...
The Nigerian National Petroleum Company Limited (NNPCL), through its subsidiary NNPC Gas Marketing Limited (NGML), has secured a 15% equity stake in Starzs Gas Limited’s Compressed...
The International Finance Corporation (IFC) has announced a $50 million equity investment in the Lagos Free Zone Company (LFZ) as part of its commitment to strengthening...
President Bola Tinubu has urged the Senate to approve the removal of three suspended Resident Electoral Commissioners (RECs) due to allegations of misconduct. The officials in...
The Central Bank of Nigeria (CBN) has prohibited local deposits into the newly launched Non-Resident Nigerian Ordinary Account (NRNOA) and Non-Resident Nigerian Investment Account (NRNIA), designed...