Julius Berger, the contractor handling the project which is being funded by the Nigerian Sovereign Investment Authority (NSIA) in collaboration with government, has been paid about N31 billion....
Godwin Emefiele has disclosed that the government had saved $800 million by reducing the importation of five major food items, namely rice, wheat, sugar, tomatoes, and milk. The...
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the apex bank is unhappy with deposit money banks in the country as they would...
The Central Bank of Nigeria’s (CBN) Manufacturing Purchasing Managers’ Index (PMI) expanded to 56.8 points in October. The present position of the manufacturing PMI, indicated an increase for...
When news of the sudden take-over of Skye Bank and its replacement with a bridge bank, Polaris Bank Limited, broke on Friday 21, September 2018, Nigerians reacted to...
Shareholder groups across the country have reacted bitterly to the takeover of Skye Bank Plc following the revocation of its operating license by the Central Bank of Nigeria,...
Heritage Bank Plc has stressed the need for sustained collaboration between banks and financial technology companies (fintechs). This will support Central Bank of Nigeria’s (CBN) drive for financial...
As the financial institution formerly known as Skye Bank goes under, the Central Bank of Nigeria has announced that a new bridge bank, Polaris Bank will take over...
