CBN Generates N532.5bn From Treasury Bills Sales
The Central Bank of Nigeria (CBN) conducted three rounds of Nigerian Treasury Bills (NTBs) auctions worth N532.5 billion in September, analysis of the primary market auction sheets showed.
The breakdown showed offer of N203.2 billion on only the 364-day...
11 Banks’ Non-performing Loans Hit N1.67trn
Following write-offs, restructuring of facilities, Global Standing Instruction (GSI) and credit risk management as a result of economic challenges, a total of 11 banks recorded N1.67 trillion non-performing loans (NPL) during the first half (H1) of 2023, an increase...
Rates Unification: Govt, Banks Rake in N2.2trn
Governments, at the federal, state, and local levels, and banks, gained about N2.21trn following the exchange rates unification policy of the Central Bank of Nigeria (CBN).
The Federation earned N834.36bn as exchange difference revenue between June and August 2023,...
FG Has No N50bn Plea Bargain Deal With Emefiele – Fagbemi
Minister of Justice, Lateef Fagbemi, has distanced the Federal Government from the N50 billion planned non prosecution plea bargain with the embattled former Central Bank of Nigeria (CBN) governor, Godwin Emefiele.
Emefiele was reported to...
My Special Investigator will soon Unveil Malfeasance of Emefiele's CBN - TinubuÂ
Dear Compatriots,
It is my unique honour to address you on this day, the 63rd anniversary of our nation’s independence, both as the President of our dear country and, simply, as a fellow Nigerian.
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CBN Will Spend $3bn Loan to Stabilise Economy – NEC
The National Economic Council on Thursday affirmed that the $3bn emergency loan-for-crude oil the Federal Government secured in August would be deployed to stabilise the naira, whose value has continued to fluctuate in the Investors...
