Economic Confidential

COVID-19 Loans: Nirsal MFB Disburses Over N503bn

COVID-19 Loans: Nirsal MFB Disburses Over N503bn Over 1million Nigerians and businesses have secured loans valued at over N503 billion from NIRSAL Micro Finance Bank (NIRSAL MFB). Most of these loans are from the COVID-19 intervention fund released by the federal...

DBN Clinches First DFI  SSCI Level 5 RATING

DBN Clinches First DFI  SSCI Level 5 RATING Nigeria’s foremost Develoment Finance Institution, Development Bank of Nigeria Plc, has been awarded a level 5 rating, the highest possible rating in the Sustainability Standards Certification Initiative (SSCI) Project. The SSCI has become...

TAJBank Wins BusinessDay Newspapers’  ‘Islamic Bank of The Year’ Award

TAJBank Wins BusinessDay Newspapers’  ‘Islamic Bank of The Year’ Award ….newspaper’s analysts forecast lender could capture 65% of market growth Barely two months after it was rated above other competitors to clinch the Leadership Newspapers’ 2020 ‘Bank Of The Year’ award,...

Nigeria’s household food security under threat — World Bank

Nigeria’s household food security under threat — World Bank …Suggests policy options The World Bank has raised alarm over the threat of insecurity and COVID-19 pandemic on Nigerian households’ food security. In a new report, “COVID-19 in Nigeria: Frontline Data and Pathways...

FAAC: FG, States and LGCs share N672bn for October 2021.

FAAC: FG, States and LGCs share N672bn for October, 2021. The Federation Accounts Allocation Committee (FAAC), at its meeting held at the end of National Council on Finance and Economic Development conference in Lagos, shared to the three tiers of...

100 for P-P-P: A Fresh Impetus to Boost the Economy

100 for P-P-P: A Fresh Impetus to Boost the Economy By Ademola Oyetunji The Central Bank of Nigeria (CBN), since Mr. Godwin Emefiele assumed office has not shied away from the desire to make the Bank a catalyst for growth, job,...
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