LATEST NEWS

  Nigeria's central bank is setting aside 500 billion naira ($2.5 billion) for loans to non-oil exporters, after a slump in oil revenues led to the worst crisis in Africa's...

The Nasarawa State Government has already submitted an expression of interest to access the concessional loan granted to states facing financial discipline by the Federal Government. Speaking to Channels Television,...

Hillary Clinton's lead over Donald Trump in the U.S. presidential race has narrowed since late last week, according to the results of the first Reuters/Ipsos poll conducted since the Orlando...

Abia state on Tuesday revealed that it has received the N1billion Commercial Agricultural Credit Scheme (CACS) loan from the Central Bank of Nigeria (CBN). According a statement by the Chief...

U.S. authorities said on Monday they had found no direct links between Islamic State militants and the gunman who killed 49 people at a gay nightclub in Orlando, describing him...

We reported earlier on “a proposal to limit the over the counter cash withdrawal by bank customers to N10,000 which has been tabled before the Central Bank of Nigeria (CBN). The...

The introduction of the Solvency 2 regime in the regulation of insurance industry is compelling insurers to concentrate more effort on building strong reserves than dishing out returns on investment....

No fewer than 50 persons, including a 29-year-old gunman, Omar Mateen, were killed on Sunday in an attack on a gay nightclub in Orlando, Florida in the United States. The...

A.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of African Reinsurance Corporation (Africa Re) (Nigeria)....

The Nigeria’s Non Performing Loans, NPL, ration stood at 10.1% as at April, 2016, the Central Bank of Nigeria has said. The sudden rise in the NPL is said to...