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Rejection of old Naira notes: Kogi gov. threatens to seal erring banks, prosecute people rejecting it 

Kogi Gov. Yahaya Bello has sounded a note of warning to banks which reject old notes in the state that they will be...


Nigeria’s economy in dire straits, incapacitated, says Tinubu

    … lower interest rates ’ll spur domestic investment, production, create jobs and wealth …foreign borrowing has created highly imbalanced, imperfect economy...


Moody’s says CBN’s new lending rule credit-negative for Nigerian banks

The Central Bank of Nigeria’s directive requiring banks to maintain a minimum loan-to-deposit ratio (LDR) of 60% by the end of September 2019...


Nigeria will sell N1.024trn Treasury Bills in Q4

Nigeria, through its central bank says it will auction treasury bills as much as N1.024 trillion in the fourth quarter of the year,...