Anchor Borrowers: Tinubu Orders Security Agencies to Recover N1trn from Loan Defaulters   The ambitious Anchor Borrowers’ Loan Scheme floated by the Central Bank of Nigeria to make cash available for increased agricultural production in Nigeria has run into a glitch due to the inability of...

The Vice- Chancellor, Professor Abdul-Rasheed Na’Allah’s joy knew no bounds as he wrote in an email to the University community, “

CBN, FG to Revisit New Regulation on Bank Customers The National Commissioner of the Nigeria Data Protection Commission, Dr Vincent Olatunji, has disclosed that the commission has formed a joint committee with the Central Bank of Nigeria to review the regulation mandating financial institutions to...

Report: Domestic Transactions Exceed 2022 Figure, Now N1.968trn   The value of domestic transactions on the Nigerian Exchange Limited (NGX) has hit N1968.4bn, year-to-date, which is 1.18 per cent higher than the entire value of transactions by domestic investors for the year 2022, which stood at...

N250bn Gas Expansion Fund Dormant for Four Years, Says NGEP Chair The Chairman of National Gas Expansion Programme (NGEP), Dr. Mohammed Ibrahim, disclosed that the N250bn National Gas Expansion Programme (NGEP) fund has remained dormant in the Central Bank of Nigeria (CBN) in the last...

Currency Swap: CBN Repays 5.10 billion yuan Ahead of Nigeria-China Renewal Deal The Central Bank of Nigeria (CBN) says it has repaid 5.10 billion Chinese yuan (CNY) out of the 6 billion utilized from the Nigeria-China currency swap agreement, expected to be renewed next year. The...