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 Central Bank of Nigeria (CBN) on Wednesday said the country’s outstanding domestic debt stood at N12.44 billion as at December 2018. This was contained in...
Stanbic IBTC management was fined about N2 billion for violating the guidelines of the Central Bank of Nigeria, (CBN) and committing other sundry offences in 2018,...
Last week UBA Plc, the Global Bank, rolled out the drums to mark its 70th anniversary. The celebration is well deserved and we rejoice with them....
…analysts hail reappointment Last week Wednesday, President Muhammadu Buhari shook the country’s economic landscape with his decision to reappoint Mr. Godwin Emefiele, Governor of Central Bank...
The Naira lost 0.07 per cent against the dollar at the Investors and Exporters (I&E) FX window, which opened at N360.65, traded high at N361.50 and...
...banks keep mum over unremitted billions By YUSUF MOHAMMED The controversy surrounding the alleged non-remittance of stamp duties collected on behalf of government by banks to...
By JULIUS ALAGBE There is growing anxiety over entry of five new banks into the banking sector in view of the declining economic fortunes of the...
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....