The Central Bank of Nigeria (CBN) has announced the suspension of applications for new loans under its development finance intervention funds.This is even as...
The Fiscal Responsibility Commission (FRC) has expressed dismay at how banks in the country lure many state governments into debt traps by offering mouthwatering...
Amid a headwind of challenges ranging from multiple taxation, forex scarcity, and low patronage of locally produced goods, the debt owed by manufacturers to...
The director of the banking supervision department of the Central Bank of Nigeria (CBN), Haruna Mustafa, said deposit money banks (DMBs) have been barred...
Telecommunications companies and Deposit Money Banks (DMBs) have resolved their disagreement over the debt rising from the billing of the Unstructured Supplementary Service Data...
The National Union of Banks, Insurance and Financial Institutions Employees, NUBIFIE, today, has released a statement announcing that all banks would be closed on...