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Private Sector Borrowing shoots to N33.8 trillion in Nigeria

By Ubong Sampson Data from the Central Bank of Nigeria's money and credit statistics has shown Nigeria's private sector has witnessed a rise in borrowing...

Akwa Ibom Competes for Most Indebted State, as Debt Burden Approaches...

By Ubong Sampson The state government is set to secure another N18bn loan in addition to the already alarming debt of N242bn. The debt profile of...

N2.8trn Shared to Akwa Ibom, 8 Ors in 6 years

Ovie Adasaji Akwa Ibom state has been named among the few states in Nigeria that have shared a total of N2.8trn between 2015 and 2020....

CBN confirms  Nwanisobi as New spokesperson, as 7 new directors emerges

By Palmer Ogheneyole Nathaniel The Central Bank of Nigeria (CBN) has announced the appointment of Osita Nwanisobi as its substantive director of corporate communications. Nwanisobi...

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