High interest rate spreads often signal structural inefficiencies, heightened risks, or restrictive monetary conditions, all of which ...
At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...
1d
Hosted on MSNBank of England cuts interest rates to 4.5%Steve Coogan spared driving ban after plea to save new series of The Trip with Rob Bryson Scientists have just discovered a brand new continent Google scraps diversity hiring goals and cites Trump’s ...
A new report has highlighted how the structure of Nigeria’s banking system is stifling savings, wealth creation, and economic ...
1d
The Punch on MSNBREAKING: Bank of England cuts interest rate to 4.5%The Bank of England has cut its base interest rate from 4.75 per cent to 4.5 per cent, marking a shift in monetary policy as it seeks to support economic growth.The move, a quarter percentage point ...
Commercial and merchant banks increased their deposits to CBN by 627.17%, amounting to N9.39 trillion in January 2025, ...
3d
Legit on MSNRecapitalisation: Some Banks Set to Hit CBN Requirements As Others Mull Switching LicensesAs banks are geared up to meet the new CBN requirements, analysts expect that a few banks may consider downgrading their ...
Banks borrowing from the Central Bank of Nigeria (CBN) declined significantly by 43.76 per cent month on month, while ...
2d
The Punch Newspapers on MSNFG seeks fresh $580m W’Bank loansThe Federal Government is engaging the World Bank for two fresh loans totalling $580m, which are expected to be approved in ...
Deposit Money Banks' liquidity deposits with CBN rOse by 627.17% to N9.39tn, reflecting improved financial stability in the ...
Criminal cases stemming from the dispute are pending before the Lagos State High Court at Tafawa Balewa Square and the Federal High Court in Ikoyi, Lagos.
5d
allAfrica.com on MSNBanks leading investments to meet $1trn economy targetIT seemed uncertain when in 2023, President Bola Tinubu hinted of his agenda of steering the nation towards attaining $1 trillion ...
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