Politics
General news on the economy and politics.
Next day cheque clearance commences Thursday
With effect from September, 4 2014, all clearing cheques in the country will receive value at end of day of...
Read moreDetailsNew leadership of Lagos MFBs focuses on capacity building
Recognising that capacity building is imperative for the operation of microfinance banks, the new leadership of the National Association of...
Read moreDetailsBanks Have Lent Nigerians N288billion More This Year to Date
Credit by banks to the private sector increased year-on-year by N288 billion to N17.252 trillion as at the end of...
Read moreDetailsCBN bars Banks, others from acquiring shares in HoldCos
Banks and other subsidiaries of holding companies (HoldCos) in the country have been prohibited from acquiring shares in their parent...
Read moreDetailsCBN Will Auction N182 Billion Treasury Bills This Week
The Central Bank of Nigeria (CBN) will this week auction treasury bills worth N182.85 billion. This would be done through...
Read moreDetailsOFFICIAL: Tony Elumelu Is New Chairman of UBA!!
United Bank for Africa Plc has notified The Exchange that it has appointed Mr. Tony O. Elumelu as Chairman of...
Read moreDetailsEcobank Is Considering Raising Additional Capital
Ecobank Nigeria is considering raising additional capital in order to boost its tier-1 capital. The subsidiary of Ecobank Transnational Incorporated...
Read moreDetails87% of Debtors Blacklisted by CBN Unable to Pay Loans Two Years After, Articles
Only about 10 to 15 of the 113 bad debtors (companies) that the Central Bank of Nigeria (CBN) barred from...
Read moreDetailsWhy We Re-Introduced ATM Charge
The CBN las week announced it was reintroducing the N65 ATM withdrawal charge which it had stopped in December 2012....
Read moreDetailsOfficial: Nigeria’s Total Debt Is Now $67billion, Up 36.7% From March 2013
Nigeria's foreign debt stands at $9.38 billion, up 40 percent in absolute terms from its last publicly available data of...
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