Figure almost 100 per cent above budgetary estimates An estimated deficit of N1,090.96 billion was recorded in the fiscal operations of the Federal Government at the end of the second quarter of this year. According to the Central Bank of Nigeria (CBN), in its Second Quarter...

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has been elected as the President of the Association of African Central Banks (AACB). Emefiele, who was elected at the 39th Ordinary meeting of the Assembly of Governors of the AACB, will be...

The management of SunTrust Bank Limited, one of the recently licensed commercial banks in the country officially opened its doors to customers. The bank has a regional banking licence. Speaking at the opening ceremony which attracted top government officials, politicians as well as traditional rulers in...

Central Bank Governor , Mr Godwin Emefiele, has assured genuine investors of cooperation and support toward self-sufficiency in local production of essential goods and the economic diversification drive. The assurance is contained in a statement made available to newsmen on Sunday in Abuja by the...