NAICOM eyes $25trn global Takaful to deepen insurance penetration
By Cynthia Ezekwe. The National Insurance Commission (NAICOM) said that it is navigating the global Takaful insurance market, which ...
Tuesday, May 5, 2026
Tag: CBN
CBN loan to manufacturers, power firms up N5.6trn
The Central Bank of Nigeria (CBN) intervention in terms of soft loans extended to address challenges in the power, manufacturing, ...
Nigeria to unlock $17bn from asset sales, says JP Morgan
By Cynthia Ezekwe. JP Morgan, a global investment bank, has disclosed that Nigeria is likely to raise $17 billion from ...
LCCI predicts short-term decline in manufacturing sector as consumer demand shrinks
By Onome Amuge. Nigeria’s manufacturing sector is expected to remain weak in the short term due to squeezed consumer spending ...
CBN goes tough on currency speculators over naira free fall
The Central Bank of Nigeria (CBN) has announced new foreign exchange intervention measures aimed at clamping down on activities of ...
Analysts question lack of institutional reforms in Tinubu’s policy approach
By Onome Amuge. Economic experts have stated the importance of institutional reforms , clarity and transparency to address the ...
CBN links naira crash to diaspora remittance diversion to black market
By Onome Amuge The Central Bank of Nigeria (CBN) has attributed the free fall of the naira against the dollar ...
CBN’s long awaited financials reveal $7.5bn owed Goldman Sachs and JP Morgan
Business A.M The Central Bank of Nigeria (CBN) said it owes JP Morgan and Goldman Sachs a combined sum of ...
Tinubu undertakes forensic audit of CBN to boost investors’ confidence
By Onome Amuge. President Bola Tinubu says his administration has embarked on a comprehensive forensic audit of the Central ...
CBN exempts mortgage, micro-finance banks from cash limit policy
The Central Bank of Nigeria (CBN) has announced the exemption of primary mortgage banks and Microfinance banks from its cash ...
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