Bank accounts are essential tools for managing personal finances, and in Nigeria, there are several types to suit different ...

High interest rate spreads often signal structural inefficiencies, heightened risks, or restrictive monetary conditions, all of which ...

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 ...

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

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 ...

A new report has highlighted how the structure of Nigeria’s banking system is stifling savings, wealth creation, and 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 ...

Commercial and merchant banks increased their deposits to CBN by 627.17%, amounting to N9.39 trillion in January 2025, ...

According to the bank, the interest rate is cheaper due to the shorter facility tenor. Some customers have been able to turn ...

Banks borrowing from the Central Bank of Nigeria (CBN) declined significantly by 43.76 per cent month on month, while ...

The 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 ...