The Debt Management Office (DMO) is planning to raise up to N1.2 trillion in debt through re-issuance of federal government bonds even as it spent N1.195...
The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, SAN, has refuted reports that he had signed a non-prosecution plea bargain with the former...
The fortunes of the once bubbling Heritage Bank have continued to sink deeper and deeper, gradually moving from a state of comatose to a...
According to the Debt Management Office, DMO, the five countries Nigeria is indebted to are China, France, Japan, India, and Germany. The agency said Nigeria owes...
Dollar rate against Naira drops, euro, pound go upThe official market traders recorded a 0.25 per cent or N2 drop in the price of the...
By Marcel Okeke The revelation by no less a person than the Governor of the Central Bank of Nigeria (CBN) late November 2022 regarding the fast-dwindling...
Global leading provider of credit ratings, Fitch says biting FX shortages coupled with high inflation and interest will likely directly threaten stability of Nigerian banks, and...
CEO of JP Morgan Chase, Jamie Dimon has expressed his skepticism on crypto tokens, describing crypto assets as a form of decentralized Ponzi schemes. During a...
Mr Folashodun Shonubi, Deputy Governor, Operations Directorate, Central Bank of Nigeria (CBN), has urged Deposit Money Banks (DMBs) to strengthen their operational capacity to effectively harness...
For breaching its guidelines on lending to the real sector of the economy, the Central Bank of Nigeria (CBN) has fined 12 major banks N499.1billion. According...
