Monday, April 27, 2026
CBN raises banks’ LDR to 65 percent as credit grows
The Central Bank of Nigeria has raised the loan to deposit ratio of banks to 65 percent, after the September...
Read moreDetailsBuhari orders release of N600bn for capital projects
Muhammadu Buhari, Nigeria's president has directed the ministry of finance, budget and national planning to release N600 billion for Capital...
Read moreDetailsCashless policy implementation may hurt MSMEs, says MAN
The Manufacturers Association of Nigeria has said the implementation of the cashless policy may have negative impact on the micro,...
Read moreDetailsSevere consequences await revenue-generating agencies that fail to meet targets, Buhari warns
Nigeria's president Muhammadu Buhari has warned that severe consequences await any of the nation revenue-generating agencies that failed to achieve...
Read moreDetailsFG plans N4.6trn borrowings, debt to hit N30trn
The federal government is planning to borrow fresh N4.6 trillion within the next three years, covering 2020 to 2022, to...
Read moreDetailsOML 11 saga: Shell’s loss of 45% in 250,000bpd field, as Rivers State pounces with $150m
By Ben Eguzozie, in Port Harcourt Royal Anglo Durch oil giant, Shell, has finally lost 45 percent of its...
Read moreDetailsFresh air for Nigerian arts, National Theatre, as CBN, banks begin N22bn creative industry initiativeÂ
The Central Bank of Nigeria (CBN) and the Bankers Committee will on Wednesday commence the implementation of the N22 billion...
Read moreDetailsOil & Gas: Nigeria to generate half of Africa’s crude distillation unit capacity growth by 2023
By Samson Echenim Nigeria is set to drive refinery crude distillation unit (CDU) capacity growth in Africa with...
Read moreDetailsDangote plans to quadruple revenue to $30bn in African cement capacity
Aliko Dangote, the richest person in Africa, is looking to expand cement capacity on the continent by 29% to 62...
Read moreDetailsDevelopment of 40 acre creative industry park to begin with National Theatre takeover
The Central Bank of Nigeria (CBN) and the Bankers Committee will on Wednesday commence the implementation of the N22 billion...
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