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President Muhammadu Buhari’s letter to the National Assembly, last week, seeking the legislature’s approval of plans by the Federal Government to borrow $29.96 billion in the next three years, has raised fears that the country could be plunged into another debt trap. TONY CHUKWUNYEM writes If data from...

With the amount of foreign inflows into the country yet to hit the level it was targeting when it liberalised the foreign exchange market nearly three...

Worsening macroeconomic conditions have intensified speculation of looming consolidation in the banking industry writes TONY CHUKWUNYEM. It was the Managing...

Despite concern in some quarters over the increasing number of its intervention schemes, the Central Bank of Nigeria (CBN) is set to launch more of such...

Although the Central Bank of Nigeria (CBN) did not provide details about its plan to adopt a flexible exchange rate policy when it made the announcement...

An examination of 406 microfinance banks (MFBs) carried out by the Central Bank of Nigeria (CBN) last year found that 126 of the banks had “high” composite...

Although banks were already contending with the key challenges of forex restrictions and the impact of the oil slump before President Muhammadu Buhari...

A panel of heads of regulatory authorities and other industry operators has outlined ways in which Islamic finance could play a role towards achieving...

Islamic Financial Services Board (IFSB), last week, organised a regulators’ forum themed: “Islamic Finance in 2016 and Beyond: Challenges, Opportunities...

Tier 1 lenders would have reported a steeper decline in profits in their first quarter results, if they had not succeeded in reducing operating costs....

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