Monday, May 18, 2026
2018: Lagos has highest foreign debt profile, Yobe lowest —NBS
The National Bureau of Statistics said Nigeria’s foreign debt stood at 25.27 billion US dollars as at 31st December, 2018....
Read moreDetailsECB keeps policy unchanged as Euro-area economy faces new risks
European Central Bank officials reiterated their pledge to keep interest rates at record lows, giving themselves time to assess prospects...
Read moreDetailsTurkey to inject $4.9 billion into state banks in economy reform package
Turkey pledged on Wednesday to boost the capital level of banks and relieve bad debts in a sector left reeling...
Read moreDetailsNDIC generated N91bn premium from banks in 2018
The Nigerian Deposit Insurance Corporation (NDIC) generated about N91 billion premium from deposit money banks (DMBs) in the 2018 fiscal...
Read moreDetailsLCCI tasks FG on timely cargo clearance, reduction in business cost
The Lagos Chamber of Commerce and Industry (LCCI) on Wednesday decried alleged involvement of several units of the Nigeria Customs...
Read moreDetailsBankers, stakeholders to evolve methods of increasing financial inclusion in Africa
Stakeholders and leaders in the banking industry across the West African sub-region are set to gather in Lagos at the...
Read moreDetailsFidelity Bank names Joshua, Odeghe, Imman executive directors in line with its next growth phase
As part of corporate realignment and repositioning for its next growth phase, Fidelity Bank Plc named Gbolahan Joshua, Obaro Odeghe and Hassan Imman as...
Read moreDetailsFIRS to charge VAT on lottery, betting, automate collection
The federal government on Monday said plans are afoot to charge Value Added Tax (VAT) on lottery and gaming activities...
Read moreDetailsCBN disbursed N25.4bn to facilitate non-oil products in 2018 – Director
A total of N25.4 billion was disbursed in 2018 to facilitate the exportation of non-oil products including cashew and sesame...
Read moreDetailsLagos, Edo, Kaduna, Cross River owe over half of states’ foreign debt
Four states of the federation — Lagos, Edo, Kaduna and Cross River — dominate the list of sub-national governments indebted...
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