Business & Economy

NLC and FMBN in Conflict Regarding Disputed N238 Billion National Housing Fund.

Differences have emerged between the Nigerian Labour Congress (NLC) and the Federal Mortgage Bank of Nigeria concerning the management of the contributory National Housing...

“Starting September 25th, FG will be implementing the introduction of HPV vaccines.”

The Federal Government announced its intention to introduce the Human Papillomavirus (HPV) Vaccine on September 25, 2023, aimed at preventing cervical cancer among women...

Banks and 18 additional entities penalized with a fine of N125 million due to delayed submissions.

A total of eight banks and 18 other publicly listed companies have been penalized with fines amounting to N125 million for their failure to...

Insufficient funds: Banks’ reliance on CBN borrowing reaches a staggering N12 trillion.

There is evidence that both commercial banks and merchant banks are increasingly relying on the Central Bank of Nigeria for liquidity, with their borrowing...

“Banks, public sector banks (PSBs), and fintech companies should work together to promote financial inclusion in Nigeria, according to Eli Hini.”

Eli Hini, the CEO of MoMo and PSB Nigeria, emphasized that Nigeria holds a unique advantage over other African nations in terms of achieving...

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