The Governor of the CBN has announced the reduction of MPR from 12.5% to 11.5%.
The CBN's highest monetary policy decision-making body, the MPC is set to hold its meeting.
AfDB is dedicated to prepare homegrown institutional investment funds.
The CBN continues with its support for the agricultural sector.
The banned betting and gaming companies are now allowed to access their accounts for limited purposes.
As expected contract staff were the most hit as banks sacked over 2000 employees.
The Nigerian banking industry witnessed a 14% rise in NPLs) ending a 2-year trend of continued decline.
Five of the six top banks in the country, all declared half-year dividends out of profits earned in the first half of the year.