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Tougher times for Nigerians as CBN plans significant increase in interest rate

NIGERIAN borrowers will face tougher times from this week as the Central Bank of...

In 11 years, Nigerians collected $59bn from banks for foreign trips – CBN

THE Central Bank of Nigeria (CBN) says personal travel allowances (PTA) accounted for $58.7...
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Protests spread as cost of living worsens under Tinubu

Nigerians in Kano and Niger states have protested the worsening cost of living, saying...

Airlines get fresh $64m from CBN as dollar nears N1500

The Central Bank of Nigeria (CBN) says it has paid an additional $64.44 million...
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Forget sentiments, Tinubu right to relocate CBN departments, FAAN to Lagos

PRESIDENT Bola Ahmed Tinubu's government is being vilified for its plan to relocate the...

CBN to sanction FX defaulters, clears backlog of 14 banks

.…pays $2bn across sectorsTHE Central Bank of Nigeria (CBN) has paid nearly $2 billion...
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CBN dismisses bank takeover report as Emefiele dares Obazee

THE Central Bank of Nigeria (CBN) has said that Nigerian banks are healthy and...

Banks’ interest rates are impoverishing Nigerians

TWELVE Nigerian banks earned N2.323 trillion(about $3 billion) in profit after tax (PAT) in...
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