EU Opens Borders, Excludes Nigeria, Others   The Council of the European Union has opened its borders to 15 countries, excluding Nigeria. According to information gathered from the EU website, Nigeria is still not a part of the countries from where visitors are allowed into Europe. The 15...

Despite COVID-19, Banks Opened 35m Accounts In Five Months     Bank accounts in Nigeria have risen by 35 million between January to May 30th, 2020, data hosted on the website of the Nigeria interbank Settlement system (NIBBS) has revealed. A breakdown of the data indicates that the...

COVID-19: Nigeria, Ghana, Others Need $110bn - IMF     The International Monetary Fund on Monday said there was urgent need for international financial support to Nigeria and other Sub-Saharan countries of Africa, as the nations need $110 to manage the impact of COVID-19 pandemic. In its report...

CBN Disburses N49bn COVID-19 Intervention Fund To 80,000 Beneficiaries     The Central Bank of Nigeria (CBN) has so far disbursed N49 billion out of its N50 billion Targeted Credit Facility meant to cushion the impact of the COVID-19 on the economy. Also, its Business Expectations Survey Report...

Amid COVID-19, Investors Net N1.58trn Gains In Virtual Deals     Amid the ravaging COVID-19 pandemic, investors at the stock market appeared to have found the silver lining as total gains since the transition of the market to full online virtual trading topped N1.58 trillion at the...

COVID-19: 17 Banks Seek CBN Approval To Restructure 32,000 Loans   In apparent reflection of the severe impact of the COVID-19 pandemic on the economy, 17 banks have written to the Central Bank of Nigeria (CBN) for permission to restructure 32,000 loans granted to individuals and...