EU Inaugurates €143m Intervention Fund In Borno The European Union has inaugurated a €143m intervention fund in Borno, as part of the effort to address the humanitarian crisis in the Northeast, an official said on Wednesday. The Head of Cooperation, European Delegation to Nigeria, Mr Kurt...

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has warned Participating Financial Institutions (PFIs) in the country against charging double-digit interest on intervention funds guaranteed by the CBN. According to a statement, Emefiele gave the warning in Abeokuta, Ogun State, during an interaction...