Flush with cash, banks boost lending
Deposit money banks’ lending to the private sector reached an all-time high of N54.76 trillion in August, driven partly by...
- Tuesday, June 30, 2026
BusinessDay
Deposit money banks’ lending to the private sector reached an all-time high of N54.76 trillion in August, driven partly by...
Small and Medium Enterprises (SMEs) play a major role in most economies, particularly in developing countries. SMEs account for the...
The services, industry and agricultural sectors accounted for the largest share of banks’ credit in Nigeria in May, according to...
The drive to embrace cleaner energy sources in Nigeria on the back of the removal of fuel subsidies and the...
The Central Bank of Nigeria (CBN) defended the naira through its intervention in the foreign exchange (FX) market by a...
The federal government, through the Presidential Committee on Fiscal Policy and Tax Reforms has disclosed plans to cut down the...
Naira on Tuesday fell to N1,010 per dollar following rising demand for the greenback on the parallel segment of the...
The number of jobs lost in the manufacturing sector rose to the highest in three years for the first half...
Marrakech, Morocco|| The International Monetary Fund (IMF) on Tuesday downgraded its economic growth forecast for Nigeria to 2.9 percent from...
For young Nigerians planning to ‘japa’ to foreign land, especially to Canada which is a preferred destination, it is not...