Nigerians clear N4.05trn in personal loans within three Months

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Due to the high interest rates on their debts, Nigerians' personal loan balances with commercial banks decreased from N7.52 trillion in the first quarter...

N20bn Consumer Credit Fund Announced by CREDICORP, NADDC for Local Automobiles

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The first phase of a consumer credit facility that will allow Nigerians to buy domestically produced cars has been launched by the National Automotive...

Nigeria Unveils REV-OP to Reform Public Finance, Curb Revenue Leakages

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In a significant move toward economic reform and fiscal responsibility, the Federal Government of Nigeria has initiated the Revenue Optimization and Assurance Project (REV-OP)....

CBN Reforms Boost Dollar Inflows; Naira Card Restrictions Officially Lifted

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Nigerian banks are resuming international transactions on naira-denominated debit cards after years of stringent limitations brought on by dollar shortages and unstable foreign exchange....

RE: Fidelity Bank PLC’s Statement on CBN Circular Forbearance Loans

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RE: Fidelity Bank PLC's Statement on CBN Circular Forbearance Loans By Naomisophyblog Fidelity Bank Plc (“the Bank”) refers to the recent circular issued by the Central...