Only 24% Of CBN Anchor Borrowers’ Loans Repaid, Says IMF   The International Monetary Fund (IMF) has disclosed that only 24 per cent of loans dirbursed under the Anchor Borrowers’ Programme of the Central Bank of Nigeria have been repaid. This disclosure...

Forex Inflows Into Nigeria’s Economy Drop By 40% To $26bn   Foreign exchange in flows into Nigeria’s economy fell year-on-year (YoY) by 40 percent to $26.32 billion in the first 11 months of 2022 (11m’22), from $44.01 billion in the corresponding...

Airlines Reduce Flights By 60% Days After Presidential/NASS Elections   As the Presidential election results collation continues amidst tension across the country, airlines operating domestic operations have continued to carry out skeletal operations over shortage of passengers. Checks at the Murtala Muhammed...

'Private Sector Gets N42trn Bank Loans'   Banks credit to the private sector rose from N35.18tn recorded at the end of January 2022 to N42.25tn in the corresponding period of 2023, figures obtained from the Central Bank of Nigeria have shown. The...

APC’s Triumph: you’ve demonstrated, Unity, Courage and Perseverance, Gov Bello Hails Kogites   Kogi State Governor Yahaya Bello has commended the people of the state for their demonstration of unity, courage, and resilience during the conduct of the 2023 Presidential and...

USSD: Enhancing e-Naira's Capacity to Ease Cash Crunch Pains, by Abdulrahman Abdulraheem   There is no doubting the fact that the naira redesign policy of the Central Bank of Nigeria (CBN) which led to the unintended consequence of naira scarcity was...