Nigeria
COVID-19 FCMB secures $50m IFC loan to support SMEs
International Finance Corporation, a member of the World Bank Group, on Thursday approved $50 million loans to First City Monument Bank (FCMB) Limited ...
Nigeria
Credit to businesses up N3.5trn in five months – CBN
The Central Bank of Nigeria (CBN) has reported that credit to the economy increased by N3.5 trillion or 10.1% in five months from ...
Nigeria
CBN Governor confirms exchange rate unification plans
The Governor of the Central Bank, Godwin Emefiele, has confirmed that the Central Bank will continue to pursue unification around its Nafex rate. The NAFEX rate is the forex window where ...
Nigeria
Leading Industry Experts Chart a new course on the imperatives of repositioning the Financial Market for Growth
In the light of the prevalent economic realities of the pandemic across the globe, and its huge impact and implications for the financial ...
Nigeria
Terminal operators ask Customs to deploy technology for cargo examination
The Chairman, Seaport Terminal Operators Association of Nigeria, STOAN, Princess Vicky Haastrup, has decried the high rate of manual examination of cargoes at ...
Nigeria
NCC Unveils 5-Year Strategic Plan on Digital Economy
The Minister of Communications and Digital Economy, Isa Ali Ibrahim Pantami will today unveil a five year Strategic Management Plan (SMP) aimed at creating ...
Nigeria
CBN Intervention Fund: We have disbursed N38B to 81,000 applicants – NIRSAL MD
30,000 applications denied 700 applications pending The Managing Director NIRSAL MfB, Abubakar Abdullahi Kure has stated that N38B (Thirty Eight Billion Naira) has ...
Nigeria
CBN unveils plans for non-interest facility in Anchor Borrowers’ Programme
Targets N432 billion for 2020 wet season To avert another round of recession in the country, the Central Bank of Nigeria (CBN), has ...
Nigeria
CBN should intervene in maritime industry ― Shippers Council
Sets 2021 target for ports digitization, Freight forwarders to re-capitalise The Nigerian Shippers Council (NSC) has appealed to the Central Bank of Nigeria ...
Regulatory
There is a Clear Disconnect Between the Fiscal and Monetary Policies of the Government – Chioma Nkechika
The Chief Executive Officer of Coralpay Limited, Chioma Nkechika has stated that available statistics of banked customers vis-à-vis mobile subscribers and the chain ...