Sunday, April 12, 2026
Nigeria’s central bank directs banks to resolve USSD disputes in three days
The Central Bank of Nigeria (CBN) has directed all commercial banks to resolve disputes arising from the use of Unstructured...
Read moreDetailsNigeria’s central bank releases draft guidelines on cyber security risk for banks, payment providers
Nigeria's central bank has released a draft risk-based framework and guidelines on cyber security for deposit money banks and payment...
Read moreDetailsNigeria debt office warns banks not to grant credit to regional governments without federal minister’s clearance
Nigeria's debt management office (DMO) has taken a step to curb the high level of indebtedness of state governments by...
Read moreDetailsBudgIT decries lack of transparency in Nigerian states’ budgets
*Says only 15 of 36 states publish their budgets BudgIT, a civic tech transparency organisation working on holding government accountable...
Read moreDetailsNigeria’s debt office nears debt target ratio as analysts advise caution over high external debt servicing, FX risk
Nigeria's Debt Management Office (DMO) is inching closer to its target of sourcing 60 percent of funds from external sources...
Read moreDetailsCordros launches Nigeria’s first target-date mutual funds
Cordros Asset Management Limited (CAML) has launched Nigeria's first set of target-date mutual funds, according to Emeka Ndu, chairman of...
Read moreDetailsIFC grants Indorama Eleme Fertilizer plant $1bn loan
The International Finance Corporation (IFC), a member of the World Bank Group, Friday announced a new $1 billion debt financing...
Read moreDetails2018 budget, weak, ineffective to stimulate economic growth – Rewane
Nigeria's Budget of consolidation considered as consistent with the medium-term expenditure framework and the economy’s recovery and growth plan has...
Read moreDetailsNigeria overnight rates crash to 3.75% on inflow of N377bn OMO bills maturities
Nigeria overnight lending rates crashed to 3.75 percent Thursday, representing a 1,050 bps contraction, following inflows of open market operation...
Read moreDetailsLasaco Assurance grows underwriting profit by 433% to N1.2bn in 2017
Lasaco Assurance Plc, one of Nigeria's leading insurance companies, said its underwriting profit grew by 433 percent in the 2017...
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