By Ike Uchechukwu About 500 youths and women in Cross River have been selected to undergo an entrepreneurial development training in the state after which they will receive up to N10 million each to start up or expand their businesses. The initiative which is a partnership between the Central Bank of Nigeria through the Agro […]

…Introduces Product Price Verification Mechanism By Emma Ujah The Central Bank of Nigeria, CBN,  has moved against unscrupulous Nigerians and corporate, who abuse the Form M system through over-pricing as it introduces Product Price Verification Mechanism (PPVM). It has, therefore, directed authorised dealers to use the PPVM to verify quoted prices of goods and services […]

The Managing Director/Chief Executive Officer of Polaris Bank Limited, Mr. Tokunbo Abiru, has announced his retirement from the service of the bank, effective August 31, 2020, having successfully completed his second two-year tenure at the helm of the bank. In a farewell message to the staff of the bank, Abiru explained that having served in […]

The Central Bank of Nigeria (CBN) disbursed lower denomination banknotes worth N237.14 billion to microfinance banks (mfbs), merchants, shopping malls, market associations among others in 2019, to increase the circulation of such notes in the country.

Financial experts on Tuesday expressed concerns on the country’s rising inflation rate currently at 12.82 per cent, and called for stabilisation of the exchange rate.