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UBA unveils $100m loan facility for SMEs in Africa
The United Bank for Africa (UBA) and African Guarantee Fund have signed a partnership that will benefit Small and Medium…
Bitcoin hits fresh record above $71,000
Bitcoin hit a fresh record above $71,000 on Monday as demand for the cryptocurrency picked up amid optimism that the Federal…
Japan avoids recession as growth figures revised
Japan has managed to evade entering a technical recession following the revision of its official economic growth figures.…
CBN reports increase in dollar inflow, remittances quadruple
The Central Bank of Nigeria (CBN) has reported a significant increase in foreign exchange inflow into the economy in February…
3G Coverage reduced poverty by 4.3% in Nigeria- World Bank
The World bank has revealed that 3G coverage has been linked to poverty reduction in Nigeria and Senegal commenting on the impact…
Why Nigeria should privatize electricity transmission lines – Tony…
Chairman of United Bank for Africa (UBA), Tony Elumelu, has urged the Nigerian government to privatise state-owned transmission…
Submit returns or face sanctions, CBN tells mortgage banks, others
The Central Bank of Nigeria (CBN) has cautioned all primary mortgage banks in the nation about the importance of promptly…
CBN sells another N1.3 trillion in treasury bills at 21.5%
The Central Bank of Nigeria (CBN) has completed another round of Treasury Bills (T-Bills) auction, offloading about N1.3 trillion.
Tinubu signs executive orders on oil, gas reforms
President Bola Tinubu has approved three new directives in the oil and gas sector to introduce fiscal incentives for related…
About 70% of financial crimes in Nigeria traceable to banking sector…
Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukayode has said the banking sector are involved in…