The President, Institute of Chartered Accountants of Nigeria, Mallam Tijani Isa, has advised the Central Bank of Nigeria to find a lasting solution to the economic challenges occasioned by its …
CBN
-
Banking, Finance & InvestmentBusinessEconomyNigeria
-
BusinessEconomyFinance & ServicesNigeria
Federal Government to grow Nigeria’s gross domestic product to $9tn in the next 28 years
The Nigerian Economic Summit Group has said that the Federal Government must grow Nigeria’s gross domestic product to $4.5tn to $9tn in the next 28 years. Speaking at the 28th …
-
AviationBanking, Finance & InvestmentEconomyNigeriaTransportation & Logisitics
Emirates suspends flights to Nigeria over the inability to repatriate $85 million in it’s revenue
Emirates Airlines says it has suspended flights to Nigeria. It said the measure started on October 29 and blamed its inability to repatriate its revenue from the country. The airline …
-
Banking, Finance & InvestmentBusinessEconomyMarketsNigeria
EFCC raids Bureau de change operators in Abuja as Naira falls rapidly
Operatives of the economic and financial crimes commission raided the offices of black market currency dealers in Abuja on Tuesday in a bid to halt the rapid fall of the naira. …
-
Banking, Finance & InvestmentBusinessNigeriaWestern Africa
Polaris Bank names a new board and management
Polaris Bank has named a new board and management a day after the Central Bank of Nigeria announced the sale of the lender to Strategic Capital Investment Limited. The new board …
-
BusinessBusiness and EconomyNigeriaWestern Africa
Nigerian Government warns against CBN’s proposed loan recovery from FAAC revenue
Nigerian Government have warned that given the constant reductions in FAAC Allocation to states, it would be suicidal if the Central Bank of Nigeria (CBN) goes ahead to carry out its proposed recovery of …
-
Banking, Finance & InvestmentBusinessNigeriaWestern Africa
CBN announces sales of Polaris for N50 billion to new owner
CBN, The Central Bank of Nigeria has announced the sale of Polaris Bank to a new owner, four years after the government took over the distressed Skye Bank, renamed it before …
-
Business and EconomyNigeriaWestern Africa
Nigerian government plans initiates strategy to turn N20 trillion CBN debt to bonds repayable over 40 years
The Nigerian government is to restructure its record N20 trillion debt to the central bank to bonds, a step seen as availing the revenue-starved government the luxury of longer time …
-
Banking, Finance & InvestmentNigeriaWestern Africa
All you need to know about CBN’s 500K Grant for young entrepreneurs
In a bid to reduce the rate of unemployment in Nigeria, The CBN (Central Bank of Nigeria) has developed a new strategy that involves offering 500k Grants to young entrepreneurs. …
-
Banking, Finance & InvestmentBusiness and EconomyEconomyNigeriaWestern Africa
Central Bank of Nigeria targets 7,740 agents to push eNaira adoption
The Central Bank of Nigeria is targeting no fewer than 10 agents in the 774 local government areas in Nigeria to drive the eNaira adoption. In total, the bank is …