As Nigerians battle rising inflation and economic hardship, loans taken by Nigerians from banks rose to N3.82 trillion in January. This was 11.9 percent higher than...
The Central Bank of Nigeria (CBN) has said that banks loans to the private sector and the government declined by N24t trillion in March this year....
Loans from the banking sector to the various sectors of the Nigerian economy rose to N8.03 trillion in H1’23 with the Oil and Gas, and manufacturing...
Oil and gas companies have been obliged to seek loans from Nigerian banks as vandalism cuts into their revenues. According to data from the Central Bank...
Deposit Money Banks (DMBs) are planning concessionary loans of between 15 and 20 per cent interest rates for mini-grid operators under the Nigeria Energy Support Programme...
Contrary to belief that it is only the oil and gas sector that has been putting the banking sector at high risk with non performing loans, it has now been...
The relative improvement of power supply in Nigeria in the past one month may soon be hampered if the federal government fails to assist the power distribution companies (Discos) to pay$325 million and $1.25 billion debts they owe local and foreign institutions respectively. Most of the loans were secured to...
Barring any unforeseen contingencies, the capital markets of countries within the West African sub-region would be integrated by the first quarter of 2016, the Chairman, Securities...
