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CBN bans foreign currencies as collateral for naira loans

The Central Bank of Nigeria (CBN) has directed all banks in the country to stop the use of foreign currencies as collateral for naira...

Suspended APC leader: Sani secured loans for El-Rufai’s govt

The suspended Women Leader of the All Progressives Congress (APC) in Kaduna State, Maryam Suleiman, says Governor Uba Sani was involved in the loans...

Senate to probe Buhari’s govt over N30trn CBN’s Ways and Means...

The Senate has resolved to commence an investigation into how the N30 trillion Ways and Means loans of the Central Bank of Nigeria (CBN)...

Reps summon CBN, DisCos over $321m, N18.2bn loans for electricity projects

The House of Representatives Public Accounts Committee has summoned the Central Bank of Nigeria (CBN) and 11 Electricity Distribution Companies (DisCos) over the alleged...

How workers can get Polaris Bank’s loans

Polaris Bank has unveiled simple steps for workers to get loans to meet financial needs, including payment of school fees and house rent, among...

Tinubu in Osun: I’ll create jobs, provide loans for business owners

The presidential candidate of the All Progressives Congress (APC), Bola Tinubu, has promised to create jobs for the unemployed and make credit available for...

CBN raises interest rate to 9% on intervention facilities 

The Central Bank of Nigeria (CBN) has increased the interest rate of its intervention facilities from five per cent to nine per cent. The bank...

AMCON seizes Aeroland’s assets over N1.8bn debt 

The Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to Aeroland Travels Limited and its directors over an indebtedness of N1.8 billion. This...