The regulatory authorities have increased the benchmark interest rate in Nigeria to 17.5 percent. This is an increase of 100 basis points up from the 16.5...
The Central Bank of Nigeria (CBN) has taken its awareness campaign on the new currency notes to markets in Kano, Kano State. Kano Branch Controller, CBN,...
Polaris Bank Plc has approached the Court of Appeal to set aside the judgment obtained by the Ondo State Government garnishee the bank to the tune...
The World Bank (WB) has fingered borrowing costs, lower energy prices, slow growth in oil production and subdued oil-sector activity as factors that weaken the Nigerian...
There are indications that the controversy trailing the introduction of new currency notes in Nigeria might be hydra-headed. Biztellers reliably gathered on Wednesday, in Lagos,...
The controversy surrounding the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has assumed another dimension. A human rights group has alleged that it has...
It’s a bag of mixed fortunes for the Nigerian Railway Corporation (NRC) with debt servicing spiking while revenue has been dwindling over the years. The...
President Muhammadu Buhari has gone back to the National Assembly (NASS), with a request for the securitization of the N22.7 trillion Ways and Means drawn...
The World Bank has issued a report that interest payments on Ways and Means would gulp up to 62 percent of the Nigerian government’s revenue...
The plot to remove Godwin Emefiele as governor of the Central Bank of Nigeria (CBN), according to former Senate President Bukola Saraki, is connected to...