A liquidity crisis might be brewing as data shows that banks borrowing from CBN has grown almost five times within one week, ...

Obi & Adetilewa Adebajo The interest rate spread is the difference between the interest rates charged on loans and the ...

High interest rate spread in Nigerian banks could potentially drag the country's economy by 20 to 30 percent, adding more ...

Experts have warned that Nigeria's high interest rate spread and 50% Cash Reserve Ratio are stifling Nigeria’s economic ...

Due to a lack of cash in the financial system, Nigerian banks have taken a record N1.2 trillion loan from the CBN to keep ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

But not deterred by the state of the economy, the Executive, deploying its targeted fiscal policy initiatives in sync with the monetary policies of the Central Bank of Nigeria (CBN ... of a new single ...

Rand Merchant Bank Nigeria has said it served as the joint lead issuing house for Presco Plc in Series 1 of its N150 billion ...