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Delta State Government to borrow N10 billion from CBN

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WED, JULY 15 2020-theG&BJournal- The Delta State government is to access a N10 billion credit facilities from the Central Bank of Nigeria (CBN) for...

Joi Nunieh, ex-NDDC boss levels shocking sexual harassment, corruption allegations on...

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… Why did he not tell Mr President that I slapped him? …Akpabio’s girl friend supplies diesel to NDDC …I have already asked my lawyers to...

CBN backs appointment of Mustafa Chike-Obi as Fidelity Bank’s new Chairman

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By Audrey Lotechukwu MON, JULY 06 2020-theG&BJournal-The Central Bank of Nigeria has approved the appointment of Mr. Mustafa Chike-Obi as Chairman of Fidelity Bank Plc....

Weekly Markets Wrap: CBN signifies intention to unify Fx rates, ASI...

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SAT, JULY 04 2020-theG&BJournal- Nigerian stocks suffered another week of losses on rising COVID-19 cases in the country and the persisting FX illiquidity in...

Moody’s- Renewed foreign-currency shortages highlight vulnerability for Nigerian banks

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…Nigeria's banks' dollar deposit inflows are dwindling because of low oil revenue, volatile foreign investment inflows and reduced remittances from abroad …Moody's rated banks have...

CACOVID donates 150-bed Isolation Center, multi-million naira medical equipment to Lagos

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The Governor commended the Coalition's efforts in mobilising resources quickly to support emergency responses MON, JUN 29 2020-theG&BJournal-  The Private Sector led Coalition Against COVID-19...

PwC estimates MSMEs financing gap at N617.3 billion annually as new...

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SAT, JUN 20 2020-theG&BJournal- Small Businesses in Nigeria have listed the most pressing problems impacting their operations to include obtaining finance, finding customers and...

Strengthening the economy: The role of CBN

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By Arize Nwobu FRI, JUN 19 2020-theG&BJournal- As a factor-driven economy which derive more than 80 per cent of federal revenue from oil, Nigeria’s economy...

Weekly Markets Wrap: All-Share Index advanced 0.7% in holiday-shortened week, FX...

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…Naira depreciated against the US dollar by 0.32% WTD to NGN387.75/USD at the I&E window but closed largely flat at NGN450.00/USD in the parallel...

CBN revises timelines for ATM dispense errors, refund complaints

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MON, JUN 01 2020-theG&BJournal-The Central Bank of Nigeria (CBN),in its determination to further enhance service quality, particularly quick refunds when customers experience failed transactions,...