CBN stipulates N10bn capital base for Credit Guarantee Companies

By Elizabeth Adegbesan   The Central Bank of Nigeria (CBN) has stipulated N10 billion  as minimum capital base   for Credit Guarantee Companies (CGC). The CGC firms constitute a new subsector within the financial sector, with the task of   guaranteeing loans to Micro Small and Medium Enterprises (MSMEs). The CBN yesterday announced the introduction of the new subsector […]
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Before Nigeria fails [opinion]

By Chidi Nkwopara LET us devote a few minutes to day, for our dear country, Nigeria. This reflection, in the writer’s considered opinion, has become absolutely necessary because patriots believe that Nigeria does not need to fail, even as it is crystal clear that the country is in dire straits. There are a number of […]

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