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CBN clears over ₦5 trillion...

CBN clears over ₦5 trillion in debt...

How a single word from...

How a single word from a book...

CBN clears over ₦5 trillion in debt as banks slash deposit placements

CBN clears over ₦5 trillion in debt as banks slash deposit placements Story by Martha Gwary. The Central Bank of Nigeria (CBN) executed more than ₦5 trillion in debt repayments within a single week—between Friday, 14 November and Friday, 21 November—amid declining bank deposit placements and heightened liquidity volatility across the financial system. Data tracked by Nairametrics during the period show that the apex bank settled ₦3.9 trillion in Open Market Operation (OMO) obligations and an additional ₦1.2 trillion in primary market instruments, even as banks significantly reduced the volume of funds...
Maryam Umar -
Entertainment

Popular American actor,...

Popular American billionaire filmmaker and actor, Tyler Perry, has revealed that he is currently going through a midlife crisis. The 51-year-old actor took to Instagram...
Maryam Umar -
Entertainment

Blinding Lights: The...

The Weeknd has put the Grammys on blast after he failed to receive a single nomination for next year's ceremony, despite having one of...
Maryam Umar -
Business & Economy

Amazon founder, Jeff...

Jeff Bezos added $13 billion to his net worth on Monday, July 20, the largest single-day jump for an individual since the Bloomberg Billionaires...
Salim Sani -
Crime

Single mother caught...

A Nigerian single Mother has reportedly buried her three months old baby alive, the Single mother who was caught in the act, reveals her...
Aisha Auyo -
Entertainment

Burna Boy’s single...

Nigerian Grammy-Award nominee singer couldn’t hide his excitement as he shared pictures of the Gold plaque he received for garnering 15 million streams in...
Salim Sani -
Entertainment

Teni cries out...

After all Teni, Nigerian singer has not been single all this while and she has expressed her worry over her boyfriend’s inability to propose...
Aisha Auyo -
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