CENTRAL BANK OF NIGERIA COMMUNIQUÉ NO. 125 OF THE MONETARY POLICY COMMITTEE MEETING OF MONDAY 22nd AND TUESDAY 23rd July, 2019 The Monetary Policy Committee (MPC)...
…as Access, Fidelity and FCMB sit pretty By JULIUS ALAGBE In order to avoid the Central Bank of Nigeria, CBN, sanction, four Tier-I capital banks are...
By JULIUS ALAGBE The rush for Eurobond market by deposits money banks, DMBs, seems to be coming to an end with the recent stay-away moves by...
Directive is an interference with free-market —Expert By JULIUS ALAGBE There is fresh anxiety in the financial sector of another banking crisis that may arise from...
The Central Bank of Nigeria has reduced the amount banks can place daily in Standing Deposit Facility (SDF), in a bid to encourage commercial lenders to...
BY JULIUS ALAGBE Experts have identified the Cash Reserve Ratio, CRR, as the main impediment to bank lending to the real sector, which has continued to...
By Yusuf Mohammed Bank customers in the country are having hard time with some of the electronic transactions with no remedy in sight. This challenge has...
By JULIUS ALAGBE Although average increase in general prices of goods and services, inflation rate, has started nosediving, operating expenses incurred by deposits money banks has...
The Special Presidential Investigation Panel for the Recovery of Public Property (SPIP) says it has recovered about N118 million from two commercial banks in the country....