Sunday, August 23, 2026
Lagos, 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...
Read moreDetailsFG, Islamic Bank seal N185m funding pact for textile industry, Hajj commission
The federal government has sealed a $523,823 (N185.95m) technical assistance financing pact with the Islamic Development Bank for Nigeria’s textile...
Read moreDetailsSEC DG woos Nigerian youth with capital market investment opportunities
Mary Uduk, acting director general of the Securities and Exchange Commission, (SEC) is encouraging Nigerian youths to invest in the...
Read moreDetailsNDIC begins verification, payment of depositors of revoked MFBs, PMBS Licences
The Nigerian Deposit Insurance Corporation (NDIC) has commenced the process of verification and payment of depositors of 154 microfinance banks...
Read moreDetailsUnion Bank cuts bad loans by 61% in 2018
Non-performing loans (NPLs) for Union Bank of Nigeria Plc, has reduced by 61 percent in the one year period between...
Read moreDetailsCommerzbank to decide on April 9 on merger talks with Deutsche
By Oluwaseun Afolabi, with agency report German business weekly, Wirtschaftswoche on Wednesday said, Commerzbank’s executive board is due to decide...
Read moreDetailsExperts at PCL. ONSA maiden meeting advise Nigerian firms to align with global digital trends for improved productivity
Experts with Microsoft, Phillips Consulting Limited (Pcl) and the Office of the National Security Adviser (ONSA) have encouraged Nigerian firms...
Read moreDetailsConventional savings becoming unattractive as risk free short term loans mop up liquid cash
The Nigerian banking industry continues to find it extremely difficult to mobilise deposits from institutional investors such as pension fund...
Read moreDetailsFlexibility, easy access to savings, identified as perks of Nigeria’s new MPP
The newly introduced Micro Pension Plan (MPP) for the informal sector of the Nigerian Economy has taken into considerations peculiarities...
Read moreDetailsStamp duty: RMAFC gets approval to probe banks
The Revenue Mobilisation Allocation and Fiscal Commission has secured the approval of the National Economic Council to probe banks over...
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