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COVID-19: IMF creates Short-Term Liquidity Line to enhance Financial Safety Net

In the context of intensified demand for liquidity and heightened global uncertainty,…

4 Min Read

FRC targets preparers of financial statements in new guidance on Covid-19 impact

The Financial Reporting Council of Nigeria (FRCN) has released yet another guidance…

3 Min Read

Dollar sells at N437 at retail Bureaux as scarcity bites hard

The foreign exchange pressure occasioned by scarcity of dollars worsened on Thursday…

2 Min Read

World Bank projects 19.7% to $445bn fall in remittances to low- income countries

The World Bank Group on Wednesday projected that Remittances to low- and…

3 Min Read

Ecobank advises informal sector to embrace instant account opening

Ecobank Nigeria is encouraging unbanked and underbanked Nigerians which include artisans such…

3 Min Read

Covid-19 lockdown: Futher slowdown in banking sector credit growth

COVID-19 ( coronavirus) has had a direct dampening impact on economic activity…

4 Min Read

Naira weakens to N425 against dollar at black market

The Nigerian currency (Naira) on Wednesday depreciated by N5.00k as one dollar…

1 Min Read

CBN Staff averts disaster in Jos branch

What would have been another major fire disaster in the country was…

2 Min Read
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