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Banking
LAPO Microfinance bank grows deposit base with My Pikin product
LAPO Microfinance Bank Limited has grown its client base, registering 200,000 new customers through its flagship product called ‘My Pikin’.
This was disclosed by Dorcas Thorpe, head…
Banks assure of improve delivery, mark customer service week
Nigerian banks have designed products and programmes to celebrate their loyal customers, assuring them of improved service delivery as the world marks customer service week this week.…
CBN embarks on aggressive loan recovery, closes intervention programme
The Central Bank of Nigeria (CBN) on Wednesday, disclosed its aggressive move to recover the loans given out under its intervention programme.
Nigeria’s apex lent out N9.3 trillion and as…
CBN raises interest rate again to 15.5%, CRR to 32.5%
The Central Bank of Nigeria (CBN), on Tuesday, raised its benchmark interest rate, known as Monetary Policy Rate (MPR), to 15.5 percent, the third straight hike this year.
The CBN, after…
What eNaira Hackathon tends to achieve
Since October 25, 2021 when the Central Bank of Nigeria (CBN) introduced its digital currency, known as the e-naira, many Nigerians are yet to adopt the initiative due to low awareness.…