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    10 Nigerian Banks Global Scale Ratings Affirmed Under Revised Criteria; Outlooks Stable

    We have reviewed our ratings on various Nigerian banks under our revised "Financial Institutions Rating Methodology". We have affirmed the global scale ratings on these...

    Interest Rate: 12 Nigerian Banks Borrow N9.81trn from IFC, ADB, CBN, Others in 3 Years

    Following availability of funds at single digit interest rate, a total of 12 banks borrowed a whooping N9.81trillion from international finance institutions, Central Bank...

    Nigeria overshoots debt servicing by N1.15tn in 11 months – Document

    ThE Federal Government exceeded its debt service allocation by N1.15tn for the period between January and November, 2021, documents have shown. A copy of...

    LDR: Banks, Others Deposit with CBN Drops by 58.14% in 2021

    On the heels of meeting the Central Bank of Nigeria (CBN) 65 per cent Loan-to-Deposit (LDR) ratio policy, banks and merchant banks deposit with...

    FG excessive borrowing from CBN threatens exchange rate, others – Report

    The Federal Government’s excessive borrowing from the Central Bank of Nigeria through the Means and Ways Advances window can have adverse effects on the...

    Foreign capital importation into Nigeria dropped by N1.68tn – CBN

    Foreign investors appear to have boycotted the Nigerian market as capital importation has dropped by $4.08bn (N1.68tn) in one year, latest statistics have shown Between...

    CBN’s quarterly forex intervention drops by $930m

    The Central Bank of Nigeria’s foreign exchange intervention in the economy declined by $930m in the third quarter of 2021 to $4.03bn from $4.96bn...

    AMCON Lists 7,912 Names Owing N4.4tn as Deadline Expires

    The Asset Management Corporation of Nigeria is set to publish the names of 7,912 debtors owing it a total of N4.4tn, it has been...

    Inflation Menace vs Pandemic Recovery: Guide for Nigeria Central Bank in 2022

    Current central bank rate: 11.5% Bloomberg Economics forecast for end of 2022: 13.5% Bloomberg Economics forecast for end of 2023: 13.5% Nigeria will likely keep its key...

    CBN, SEC, others to lift financial sector with fresh N1.54tn investment

    Federal Government Ministries, Departments and Agencies, especially financial services regulators are to invest N1.54tn in five years to boost liquidity in the financial services...

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