Despite Economic Challenges, Banking Sector Has Remained Resilient - CBN   Despite challenges in the economy, the Nigerian banking system has remained sound and resilient, according to the Central Bank of Nigeria (CBN). The CBN disclosed this in a statement by a...

Marketers Say Fuel Scarcity Will Linger Till After Elections   The scarcity of Premium Motor Spirit, popularly called petrol, in Abuja and other northern states could persist till after Saturday’s gubernatorial elections in various states, oil marketers said on Tuesday. Petrol scarcity...

First Bank Appoints First-ever Northern Female Group Executive   On the eve of the annual International Women's Day (IWD) celebration, FirstBank of Nigeria PLc has appointed its first Northern female group executive. The Bank appointed Aishatu Bubaram as group executive, Commercial Banking,...

Nigeria's Envoy to Guinea Bissau Hails Tinubu’s Emergence as Nigeria’s President-elect   The Ambassador of Nigeria to Guinea Bissau and Cape Verde, John James Usanga, has congratulated the President Elect, Bola Ahmed Tinubu and Vice President elect Kashim Shettima, for emerging...

Banks’ Credit To Govt Rises By N11trn   Banks credit to the government rose by N11.75tn in one year, figures obtained from the Central Bank of Nigeria (CBN) have revealed. The CBN disclosed in its ‘Money and credit statistics’ report that the...

N24bn Recovered From Defaulting Employers - PenCom   The National Pension Commission (PenCom) says it has recovered N24.15bn non-remitted pension savings of employees from defaulting employers. It disclosed this in its fourth quarter report for 2022. The report stated that, “Following the issuance...