A total of $4.51bn has been disbursed to Nigeria by the International Development Association to meet the country’s developmental needs. Information obtained by our correspondent from the World Bank’s website on Friday also revealed that a total of $408.46m as at February 29 had been disbursed to Nigeria as loans. […]

The    Central Bank of Nigeria has announced plans to issue N140.61bn($894.86m) in treasury bills ranging from three-month to one-year maturities at its regular monthly debt auction this week. The bank said it would auction N34.88bn in 91-day paper, N45bn in 182-day bills and N60.73bn in 364-day bills on Thursday. The […]

The Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, has said that the bank is conducting a holistic investigation on Deposit Money Banks to determine their level of involvement in the pension scam. Sanusi said at the Spring Meetings of the World Bank and International Monetary Fund on Sunday in […]