The Central Bank of Nigeria (CBN) says the minimum loan to deposit ratio for commercial banks would remain at 65% in the interim. In a statement signed by Ahmad Abdullahi, its director of banking supervision, the apex bank said it is has noticed a remarkable increase in the size of …

The World Bank Group, Wednesday, raised Nigeria’s growth expectations in 2020 to 2.1 per cent, describing it as an “edge up”, a development that confirms the country’s continued stay in sluggish economic path for another calendar year. It also warned that the macroeconomic framework is characterised by multiple exchange rates, …

The Supreme Court Wednesday upheld the election of governors Okezie Ikpeazu of Abia State, Ifeanyi Okowa of Delta State and Darius Dickson Ishaku of Taraba State, a development that resulted in jubilation to the Peoples Democratic Party (PDP’s) camp. But the All Progressives Congress (APC) won Niger State, as the …

Operatives of the Economic and Financial Crimes Commission (EFCC) have reportedly invaded the Abuja residence of Senator Shehu Sani over alleged extortion. It was gathered that the EFCC stormed the apartment in Wuse, Abuja at about 3:30pm on Wednesday to look for incriminating evidence against the former Kaduna senator. The …

Our Reporter Kano High Court on Wednesday fixed January 27 for hearing in the motion on notice filed by some elders seeking an order stopping the implementation of a new law creating four new Emirates in Kano. News Agency of Nigeria (NAN) reports that the suit, filed by Alhaji Bashir …

 0  Kogi West Vice Chairman of the Peoples Democratic Party (PDP), Chief Kola Ojo, yesterday slumped and died while playing tennis. He was said to have slumped while playing lawn tennis at his Lokoja residence on Tuesday evening. He was said to have been immediately rushed to the nearby hospital, …

Written by Collins Nweze   Capital is crucial in driving sustainable Small and Medium Enterprises’(SMEs’) growth and uplifting the economy. First Bank of Nigeria Limited, as part of the launch of its specialised SMEs’ propositions, has continually supported SMEs through diverse initiatives. The bank says its support for SMEs is …

Sixth Year of Programme and Tenth Anniversary of Foundation see Significant Enhancements to the TEF Entrepreneurship Programme Creating a Personalised Entrepreneurship Journey for Applicants and Greatly Increased Access to Programme and Knowledge Base   Applications made through TEFConnect, Africa’s largest digital entrepreneurship network   The Tony Elumelu Foundation (TEF) has …

…implicated officials dismissed Governor of Kogi state, Yahaya Bello The Independent National Electoral Commission (INEC) on Monday, said it has not abandoned the criminal case of double registration against the Kogi State Governor, Yahaya Bello. INEC National Commissioner and Chairman Voters Education and Information Committee, Festus Okoye, said the Kogi …

Muhammadu Buhari President Muhammadu Buhari at the weekend in Abuja received the president-elect of Guinea Bissau, Mr. Umaro Embalo, and prayed for stability, peace, progress and prosperity of the entire West African sub-region. A statement by a presidential spokesman, Malam Garba Shehu, said Embalo came to Nigeria on a “thank-you …