Business

Wema Bank unveils initiatives to satisfy its teeming customers

Wema Bank has unveiled number of schemes with a view to addressing the demands of its different customer base in …

Access Bank decides to offer N50bn interest free loans to MSMEs

Access Bank Nigeria Plc. has decided to offer a N50 billion interest free facilities to support Nigerians and grants to …

Naira’s exchange rate remains stable at N379 despite COVID-19 protests

The naira last week traded at the parallel market for N463 against the dollar, a slightly weaker ratio from the …

#EndSARS Protests: CBN to carry out assessment of loss suffered by banks

The Central Bank of Nigeria (CBN) is planning to carry out an assessment of banks following a series of attacks …

Economy

Currency in circulation increased by N56.44bn in one month, CBN reveals

Currency in circulation has ratcheted up by N56.44bn in one month from N2.369tn as of the end of August to …

Local Content: FG bars foreign companies from bidding for contracts worth N5bn

In order to empower local contractors, the Federal Government has barred foreign firms from bidding for contracts worth N5 billion. …

Increased national debt, non-performing loans strengthen our capability- NDIC

The Nigeria Deposit Insurance Corporation (NDIC) has lamented that the threat of recession, increased national debt and non-performing loans in …

CBN releases framework on how it will finance mass metering programme

Central Bank of Nigeria (CBN) has the framework on how it will finance National Mass Metering Programme (NMMP). The framework …

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