INTERVIEW: Access to loans low despite Nigeria’s progress in financial inclusion, says Upadhyay – The Cable News

By Desmond Okon As a partner at Flourish Venture, Ameya Upadhyay invests in disruptive organisations that create economic opportunities for people in emerging markets, focusing on Africa, and…

Non-interest banks borrow N52.31 billion from CBN in 2023 – Nairametrics

By Sami Tunji Non-interest banks borrowed N52.31 billion from the Central Bank of Nigeria (CBN) through the Funding for Liquidity Facility (FfLF) in 2023.  This is according to the 2023 Annual…

CBN Targets $1tn Economy By 2030 – Channels News

By Gloria Ume-Ezeoke The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the bank’s commitment to implementing policies that foster sustainable growth in the…

Bank Stocks Tumble as Investors, Analysts Fault Retroactive Finance Bill – This Day

By Nume Ekeghe and Kayode Tokede *Insist proposed legislation may reduce banks’ ratings, deter foreign investors Some banking stocks depreciated on the floor of the Nigerian Exchange Limited…

CBN directs banks to deposit unclaimed balances, funds in dormant accounts – The Cable News

By Busola Aro The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to deposit unclaimed balances and funds in dormant accounts to the apex…

Food crisis may further amplify Nigeria’s inflation-NESG – Business Day News

By Cynthia Egboboh Tayo Aduloju, the Chief Executive Officer of the Nigerian Economic Summit Group (NESG) has called for a collaborative effort among governments to address the increasing…

Soludo’s agricultural model has the potential to address food inflation in Anambra – The Cable News

By Ebuka Nwankwo Today, Governor Chukwuma Soludo will officially launch this year’s distribution of 1,040,000 economic trees’ seedlings at the Achebe Stadium, Onisha South LGA in Anambra. These seedlings…

SMEs’ access to credit dips amid rising inflation, interest rate – The Guardian News

By The Guardian News With the inflation rate and cost of funds at a record high, the credit accessibility challenge facing small-size manufacturers has worsened, with operators resorting…

Why Inflation May Increase – NESG – Daily Trust

By Abdullateef Aliyu The Nigeria Economic Summit Group (NESG) has said the inflationary pressures in the Nigerian economy would amplify going by the rising cost of food prices….

Average Nigerian yet to benefit from oil boom Northern coalition laments – Vanguard

By Vangurd News Despite a significant increase in crude oil production and favorable global oil prices, Coalition of Northern Groups (CNG), on Friday, lamented that the windfall has…