Nigerian Banks Spent N200bn Preventing Cyber Attacks In 2019   Nigerian banks were estimated to have spent about N200billion preventing various forms of cyber attacks on their operations in the country in 2019. The Nigeria Computer Society (NCS), which revealed this, yesterday, said more efforts must be...

FEC Okays N200bn Loan For BoI   The Federal Executive Council (FEC) has approved the issuance of a Sovereign Guarantee of 500 million Euros (N200bn) from the Credit Suisse AG London Branch and a syndicate of international lenders as collateral for 500m Euro facility to the...

Kwara To Benefit From CBN's N200bn Funds For Innovation Hubs   Kwara state would benefit from the N200 billion funds the Central Bank of Nigeria has set aside to promote innovative ideas and entrepreneurship, Governor AbdulRahman AbdulRazaq has said. AbdulRazaq said talks have reached an advanced stage...

MTN Gets N200bn Loan From 12 Banks First Bank of Nigeria Limited wednesday led 12 local banks to sign a N200 billion loan facility for MTN Nigeria. The other banks involved in the deal are Union Bank of Nigeria Plc, Citibank, Diamond Bank Plc, Ecobank, Fidelity...

CBN Extends N200bn Commercial Agric Fund To Non-Interest Banks   The Central Bank of Nigeria (CBN) yesterday said that Non-Interest Financial Institutions (NIFIs) can now participate in the N200 billion Commercial Agricultural Credit Scheme (CACS). The CBN disclosed this in the revised guidelines for the scheme...