In its bid to meet the financial need of higher and medium income earners as well as address the challenges of higher construction, the Federal Mortgage Bank of Nigeria (FMBN) has increased its loan limit from N15 million to N50 million. The ...
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Presidency Lists Benefits Of New NIMC Multipurpose ID Card For Nigerians
The Presidency has given reasons why every Nigerian may need to acquire the soon-to-be-launched general multipurpose identity card of the National Identity Management Commission (NIMC). In a sensitisation video posted on X by President Bola Ahmed Tinubu Media Centre on ...
Read More »Again, CBN Raises Interest Rate To 27.5% To Battle Inflation
12 members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) have unanimously agreed to further raise the monetary interest rate to 27.50 per cent basis points from 27.25 per cent in a continued drive to ...
Read More »PDP Govs Urge FG To Review Harsh Economic Policies
Governors under the platform of the Peoples Democratic Party (PDP) have expressed empathy with Nigerians suffering from the current economic difficulties in the country, calling on the Federal Government to review its harsh policies to improve citizens’ welfare. The PDP ...
Read More »N1.767trn Loan Request: CSOs, Experts Kick Against
…Question government’s continuous borrowing …Tinubu writes NASS, wants MTEF/FSP, NSIPA amended Civil Society Organisations (CSOs) in Nigeria and experts have opposed President Bola Ahmed Tinubu’s plans to borrow an additional N1.767 trillion. The CSOs have questioned the Tinubu-led government’s continuous ...
Read More »Equities Market To Continue Seesaw Movement This Week
…The Nigerian equities market expected to continue its seesaw movement comprising of bargain hunting and profit taking The Nigerian Exchange (NGX), last week, rebounded from the previous week’s decline, driven by sector rotation and portfolio rebalancing activities, reflecting optimism from ...
Read More »CBN To Launch BVN Platform For Nigerians In Diaspora – Cardoso
The Central Bank of Nigeria (CBN) is set to roll out a new Bank Verification Number (BVN) platform by December 2024, aimed at enabling Nigerians living abroad to access banking services without the need for physical verification. CBN Governor Olayemi ...
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