Withdrawal of COVID-19 Forbearance pushes banks’ bad loans above CBN limit
By Elizabeth Adegbesan The withdrawal of the Central Bank of Nigeria’s (CBN) COVID-19 regulatory forbearance given to banks has pushed banks’ Non-Performing Loans (NPLs) ratio to 9.94 per cent in the first quarter of 2026 (Q1’26), significantly above the apex bank’s prudential benchmark of 5.0 per cent. The development was disclosed in the CBN’s first quarter […]
Bank of Industry partners Agric ministry on N13b rice fund
Bank of Industry (BOI) has disclosed that it is working with the Ministry of Agriculture on a N13billion Rice Intervention Fund for the establishment of 10 integrated rice mills and six cassava mills across the country.
New MAN President unfolds areas of priority
The new president of the Manufacturers Association of Nigeria (MAN), has unfolded his priority areas to move the sector forward over the next four years.
Printers task FG on implementation of CIPPON Act
President, Chattered Institute of Professional Printers of Nigeria, CIPPON, Muhammed Lawal has charged the Federal Government to fully implement the Act establishing the Institute.
Customs generates N3 trn
THE Nigeria Customs Service, NCS, collected N3,048,314,862,310.03 between January 2011 and August 2014. The organisation’s spokesman, Mr. Wale Adeniyi, gave the figure at the I-Nigerian Initiative hosted briefing of the Forum of Spokespersons of Security and Response Agencies, FOSSRA, in Abuja.
Chartered Printers demand representation at ports to strengthen regulation
The Chattered Institute of Professional Printers of Nigeria has requested the Federal Government to allow its members to be among the regulatory agencies at the sea ports and airports across the country so that they can checkmate printing materials from outside the country.
