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The Central Bank of Nigeria (CBN) and commercial banks in the country came under fire yesterday over disparities in deposit and lending rates obtainable in their offices. The upper legislative chamber lamented that interest rate on loans operated by commercial banks and approved by the CBN remained one of the highest in the world.

Nigeria's National Bureau of Statistics says non-performing loans in Nigeria’s banking sector was at 10.83 per cent in the first quarter of the year. Muyiwa Oni, Regional Head of Equity Research at Standard Bank Group joins CNBC Africa for more.

After invading the Benin kingdom in 1897 and stealing about 4,000 artifacts belonging to Nigeria, Britain has agreed to loan us back a few of our bronze plaques for a space of three years. The Edo state government and the Benin royal court are planning to build a museum in Benin in preparation of having our treasures come back to its roots.

Cracks are starting to show in the U.A.E. banking sector as a property and retail slump take a toll on lenders. While one of the country's smallest banks is being bailed out, problem loans are set to rise this year and lenders are exploring mergers to remain competitive.

Hota Biclere, a refugee from DRC living in Kenya with a debilitating spinal condition has set up her own business after receiving a $1000 loan.

Kogi Governor circumvented due process on N180bn loan - Dino Melaye

Nigerian govt. awards N10,000 loan to 2m small-scale traders.

Kwara to construct rural roads with $60m loan.

Etisalat has been instructed to transfer its 45 percent stake in Etisalat Nigeria to a loan trustee after debt restructuring talks with lenders failed.

Nigeria's Debt Management Office says it plans to sell up to 430 billion naira in local currency bonds in the first quarter of 2017.