PPMC adjusts price of petrol to N151.56, Nigeria’s foreign trade slumps In Q2 2020 and more
Here is why you should pick up a copy of The Guardian on Thursday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Thursday.
Buhari gets senate nod on $22.7 billion loan, Buhari meets Oshiomhole as court sets aside suspension an d many more
Here is why you should pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on Friday
Senator laments over Central Bank policies on domiciliary accounts, forex
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.
Assessing Nigerian banks' non-performing loans
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.
Benin Arts: Back to its roots
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 start to show for U.A.E. banks
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.
Refugee with disability sets up thriving tailoring business
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 the N180bn loan - Dino Melaye
Kogi Governor circumvented due process on N180bn loan - Dino Melaye
Etisalat Nigeria talks fail
Etisalat has been instructed to transfer its 45 percent stake in Etisalat Nigeria to a loan trustee after debt restructuring talks with lenders failed.