Banks’ borrowing drops 89% to N126bn
Banks’ borrowing from the Central Bank of Nigeria’s (CBN) Standing Lending Facility, SLF, declined by 89 percent to N126 billion in August 2026 from N1.19 trillion in July 2026, reflecting higher liquidity in the banking system. The CBN has two short term lending windows for banks: the Standing Lending Facility (SLF) and Repo […]
Our commitment to infrastructure development irreversible — Ibru
The twin issues of poverty eradication and infrastructure development will continue to top the priority of Oceanic Bank International Plc in the task of growing Nigeria’s economy and building a self-reliant nation.
2nd Heroic Award: Indomie begins search
By Princewill Ekwujuru & Daniel Ailemen In encouraging acts of heroism in children, Dufil Prima Foods Limited, producers of Indomie noodles has began the search for the next set of heroes for the Indomie Independence Day Award for Heroes of Nigeria.
Bank ready to clean up balance sheet
A Nigerian bank quoted on the Nigerian Stock Exchange (NSE) has concluded plans to clean up its balance sheet in order to provide shareholders with favourable long term values.
FG queries MDAs on NHF deductions
The Federal Government has queried ministries, depart ments and agencies (MDAs) in the federal civil service over the non-remittance of National Housing Fund (NHF) deductions to the Federal Mortgage Bank of Nigeria (FMBN).
…inaugurates Delta State branch executive
The chartered Insurance Institute of Nigeria CIIN has installed a new executive team for the Delta State Branch of the Institute headed by Mr Leke Ojabanjo as the chairman.
