Era of borrowing from banks, not repaying gone, says Emefiele
The era of entrepreneurs borrowing from banks and not paying back is gone, Central Bank of Nigeria (CBN) Governor,
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MONEY MARKET
Access Bank named among top 500 global banking brands
Nigeria’s largest retail bank, Access Bank Plc., has been named as one of the top 500 global banking brands, according
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Senate attacks CBN over high lending rates by banks
The Central Bank of Nigeria (CBN) on Thursday came under acerbic attack of the Senate as the red chamber
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Coronation Merchant Bank allays fears of naira devaluation in 2020
Coronation Merchant Bank on Wednesday expressed optimism that the nation’s currency would not be devalued in 2020 as being speculated
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Nigeria sells N229.6bn T-bills at higher yields to lure investors
Nigeria sold a total of N229.63 billion worth of the short-dated Treasury bills at higher returns to try to lure
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CBN retains loan deposit ratio at 65% minimum
The Central Bank of Nigeria (CBN) says it has retained the minimum 65 per cent of Loan Deposit Ratio in
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Customers decry banks’ non-compliance with CBN’s new guidelines on ATM, other charges
Some bank customers have frowned at their banks’ for not complying with the new guidelines for charges on Automated Teller
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Banks record N97.32tn transactions on PoS, instant payment platforms in 11 months
The latest report from the Nigerian Inter-Bank Settlement Scheme (NIBSS) has shown that banks’ customers carried out
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CBN urged to raise forex restriction list over current account
To crease the list of items notvalid-for foreign exchange funding above 43 items to ease pressure on the country’s current
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Slash in bank charges excite Nigerians
Banks customers on Monday commended the Central Bank of Nigeria (CBN) for its move in slashing various banks charges.
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