Amid concerns over the delay in the submission of the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP ...
With the addition of 850 basis points to the monetary rate, food inflation soaring by 7.13 per cent, core inflation up by 5.98 per cent, ...
CBN Governor, Olayemi Cardoso, at a symposium titled: “Promoting stability in an era of economic reforms: The journey so far” ...
Yemi Cardoso, Central Bank of Nigeria (CBN) governor, targeted investors with a record 29.87 percent yield on one-year ...
Nigerians repaid an eye-watering N4.05 trillion in personal loans during the second quarter of 2024, marking a significant ...
The UK and Nigeria have finalized a strategic partnership to enhance collaboration on economic growth, security, and foreign policy areas Foreign ...
Further investigation by THISDAY revealed that UBA with NPL ratio at 6.20 per cent in H1 2024 from 5.80 per cent in H1 2023 ...
It has had a positive effect because in July the CBN reported that the country had recorded an all-time high diaspora ...
New report found that Nigerians repaid N4.05tn in personal loans during the second quarter of 2024This repayment reduced personal loan balances from N7.52tn in the first quarter to N3.47tn This aligns ...
Nigerians repaid N4.05tn in personal loans during the second quarter of 2024, according to findings by The PUNCH.
Fitch Ratings forecasts a rise in non-performing loans for Nigerian banks in 2024, attributing this trend to soaring interest rates and persistent inflation. In its latest report on Nigeria’s credit ...
In response, and in line with earlier interventions in the banking sector, the CBN, under new governor Yemi Cardoso, issued a ...