By Odunewu Segun With a total loan portfolio of N18.53 trillion, out of which N1.85 trillion are Non-Performing Loans, and Deposit Money Banks directors’ accounting for...
By Odunewu Segun Naira continues with its dwindling value against the Dollar in the foreign exchange market, dropping further to N369/$1 amidst dwindling supply of FOREX...
The Central Bank of Nigeria has warned commercial banks in the country to open teller points for retail Foreign Exchange (FX) transactions at various locations or...
The outflow of N241 billion from the interbank market through treasury bills and FGN Sukuk Bond auction this week has raised uncertainty over the movement...
By Odunewu Segun Nigerians have been urged to look beyond the present traditional political class for leadership as the 2019 general elections approaches in other to...
The Central Bank of Nigeria (CBN) has expressed worry about the drop in the country’s financial inclusion growth rate. It claimed that several bank accounts...
The National Bureau of Statistics has on Friday released the Consumer Price Index report which showed that inflation rate dropped from 16.05 per cent in July...
A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof Moghalu has said that Nigeria is technically recovering from recession and not out of...
Fresh update reveals that the Central Bank of Nigeria (CBN) has assured of its continued intervention in the inter-bank Foreign Exchange market in order to sustain...
By Odunewu Segun Unity Bank, one of Nigeria’s tier 2 commercial banks may be running on borrowed funds following its precarious financial situation and the huge...