Tag: Central bank of Nigeria

OSGS earmarks another N821m loans for small entreprenours

Osun State Government will soon give out another round of soft loans totalling N821.34 million to 24,850 people comprising traders, artisans and business owners towards boosting entrepreneurial activities. The State Commissioner for Commerce, Industry and Cooperatives, Mr Ismail…

Etisalat Nigeria metamorphoses into 9mobile

Nigeria’s fourth largest telecommunication operator, Etisalat Nigeria on Thursday changed its brand name to 9Mobile, after its foreign partner withdrew its investment. The Renaissance gathered that the foreign partner, Mubadala Group, which is the major…

Ex-Minister berates Nigerian banks over Forex Scarcity

Nigeria’s former Minister of Education, Mr Kenneth Gbagi, has berated Nigeria commercial banks for their roles in Nigeria’s financial and economic woes. Gbagi, who served under former President Goodluck Jonathan, accused the banks of financial activities endangering…

CBN says Skye Bank is not distressed

The Central Bank of Nigeria (CBN) has advised customers and other stakeholders of Skye Bank to disregard any message suggesting  a liquidation of the bank. According to the Acting Director, Communications, Mr Isaac Okorafor,  malicious messages are…