A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
By Babajide Komolafe The Central Bank of Nigeria will increase banks’ Loan to Deposit Ratio (LDR) to 70% by 2020. CBN Director, Banking Supervision, Mr. Hassan Belllo disclosed this while speaking at the 2019 workshop for Finance Correspondens and Business Editors organised by the Nigeria Deposit Insurance Corporation (NDIC) in Yola, Adamawa State. READ ALSO:
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The Niger State chapter of Rice Farmers Association of Nigeria (RIFAN) on Saturday said that it had recovered N35 million Federal Government’s Anchor Borrowers Programme (ABP) loan from its members in the state. Alhaji Idris Abini, RIFAN’s state chairman made the dislosure in an interview with News Agency of Nigeria (NAN) in Minna. READ ALSO:
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Affirms the B2 ratings Moody’s Investors Service (“Moody’s) has today changed the outlook on the government of Nigeria’s ratings to negative from stable. Concurrently, Moody’s has affirmed the B2 long-term local and foreign currency issuer ratings, the B2 foreign currency senior unsecured ratings, and the (P)B2 foreign currency senior unsecured MTN programme rating. The new
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The Central Bank of Nigeria (CBN) said its interventions in key products had saved the country N1.3 trillion import bill. The CBN Deputy Governor, Corporate Services, Mr Edward Adamu made this known at the ongoing 28th Seminar for Finance Correspondents and Business Editors in Owerri on Tuesday. The theme of the seminar is “Galvanising Development
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The Central Bank of Nigeria (CBN) says its unconventional monetary policies have supported the creation of over 2.5 million jobs across the agricultural value chain. The CBN Governor, Mr Godwin Emefiele made this known in a keynote address he delivered at the 28th Annual Seminar for Finance Correspondents and Business Editors held in Owerri on
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The Central Bank of Nigeria (CBN) said its interventions in key products had saved the country N1.3 trillion import bill.
Read More The Central Bank of Nigeria (CBN), says there have been significant reductions in Nigeria’s annual Imports Bill.
Read More The positive impact of the Central Bank of Nigeria, CBN’s fixed income policy in the equity market may have started fizzling out following the loss recorded by investors today (Monday) as the Nigerian Stock Exchange, NSE market capitalisation dropped by N153.0 billion to N13.0 trillion.
Read More THE Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) retained all policy rates at its last meeting of the year which ended on Tuesday.
Read More THE Central Bank of Nigeria, CBN, said it would intensify policy measures to achieve $4 billion in non-oil exports revenue in 2020.
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