Tag: Loans
Quick Take| International payments to remain elevated, driven by the FG’s...
SAT NOV 09 2024-theGBJournal| According to the data released by the Central Bank of Nigeria (CBN), International payments facilitated by the apex bank increased...
Naira devaluation drives Nigeria’s public debt stock to all-time of N134.3...
THUR OCT 24 2024-theGBJournal| Nigeria's public debt stock rose 10.35% (N121.7 trillion) to N134.3 trillion ($91.3 billion) by the end of Q-2 2024, exceeding...
World Bank okays Nigeria’s $1.57bn loan request
MON SEPT 30 2024-theGBJournal| The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria for strengthening human capital through...
CBN bans banks from using foreign currency denominated collaterals for Naira...
MON APRIL 08 2024-theGBJournal| The Central Bank of Nigeria (CBN) Monday banned bank customers from using foreign currency as collaterals for Naira loans, another...
Quick Take| The positive impact of CBN’s enforcement and credit to...
SAT, JAN 20 2024-theGBJournal|According to the Central Bank of Nigeria (CBN), credit to the private sector (CPS) declined by 6.0% m/m in November (October...