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 […]
‘Agric is easiest & fastest way to self employment’
For over a decade, Afoma Adigwe has been empowering women and youths on the use of modern Agricultural equipment as well as facilitating micro-credit facilities at the grassroots especially in the Niger-Delta areas.
N70b textile funds nonexistent, says Lawmaker
The clamouring and lobbying for the Federal Government’s N70 billion textile revival fund by manufacturers in the textile sector may soon ebb as the money is said to be nonexistent.
Collaborate with other agencies, Minister charges CRFFN
Minister of Transport, Alhaji Ibrahim Isa Bio has called on the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) to partner with other organisations and parasatals under his watch to ensure it fulfil its statutory roles and responsibilities as enshrined in the CRFFN Act 2007.
N600 billion agric fund: Nigerian farmers want fair sharing
Small scale farmers in Nigeria , under the auspices of the United Movement of Small Scale Farmers have urged the Federal government to ensure proper and fair disbursement of the N600 billion agriculture intervention fund towards rejuvenating the nation’s comatose agricultural sector.
Nigeria’s maritime fund hits N20bn, disbursement to commence soon
THENigerian Maritime Administration and safety Agency (NIMASA) has collected over N20billion into the nation’s maritime fund meant to develop the local shipping industry and its auxiliary industries.
