Business

Apprehension As FG Borrows N20.1trn Under Tinubu

*Borrowing rises 117% YoY *Analysts list impact on inflation, businesses, interest rate The Federal Government borrowed N20.1 trillion from domestic investors in the first year of President Tinubu’s administration, representing year-on-year YoY increase of 117 per […]

Business

CBN Revokes Heritage Bank’s Licence 

The Central Bank of Nigeria has revoked the banking licence of Heritage Bank Plc, effective immediately. This decision was made due to the bank’s failure to improve its financial performance, posing a threat to financial stability. […]