Nigeria’s total public debt stock hits N46.25trn in Q4 2022 – NBS
Nigeria’s total public debt stock consisting of domestic and external debt stocks of the Federal Government of Nigeria, the 36 State Governments and the Federal Capital Territory hit N46.25 trillion or 103.11 billion dollars inn Q4 2022. The National Bureau of Statistics (NBS) made this known on Friday in its Nigerian Domestic and Foreign Debt […]
Cash scarcity: NLC, CBN meet in Abuja
—We pushed in N20bn on Thursday–CBN–Our interest is to see Nigerians collect money with ease–Ajaero By Johnbosco Agbakwuru, Abuja In less than 24 hours after the leadership of the Nigeria Labour Congress, NLC, directed all its branches and affiliate unions to mobilize members for a shut down of all the branches of the Central Bank […]
Insurance records 36% premium growth
The nation’s insurance industry recorded a gross premium income of N726. 2 billion in the fourth quarter of 2022.
Naira scarcity: Reps want an overhaul of banking online systems
The House of Representatives has urged the Central Bank of Nigeria (CBN) to direct commercial banks to overhaul the existing online/electronic banking platforms for the efficient conduct of electronic banking operations.
Tony Elumelu Foundation disburses over $100m seed capital in 13 years
By Elizabeth Adegbesan The Tony Elumelu Foundation, TEF, said it has disbursed over $100 million seed capital to over 18,000 beneficiaries across 54 African countries in 13 years. The Foundation also noted that it trained 1.5 million entrepreneurs during the period that created over 400,000 jobs of which 58 percent were created by female entrepreneurs. These […]
IWD: FBN reiterates commitment to creating enabling environment for women
In commemoration of the International Women’s Day (IWD) celebration, the Board and Management of First Bank of Nigeria Plc has reiterated that it remains committed to creating an enabling environment that allows women to thrive and succeed.
