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Banking
Lenders begin Saturday banking to mop-up deposit
Some Nigerian banks have commenced Saturday banking as part of compliance measures to the Central Bank of Nigeria (CBN)'s new rules on deposit.
Nigeria’s Central Bank has announced plans…
CBN takes eNaira sensitisation to University of Lagos community
The Central Bank of Nigeria (CBN) has taken the sensitisation exercise of its digital currency, known as the eNaira to the University of Lagos, where a good number of the students of various…
How monetary, fiscal policies should respond to rising interest rate, inflation
Interest rates are rising due to tightening measures adopted by Central Banks across the globe to rein in inflation.
Also, persistent foreign exchange pressure, rising debt among others…
We are working with Nigerian government to provide solutions — Standard Chartered
Standard Chartered Bank is doing a lot with African governments, especially in the area of solarisation and infrastructure, Sarmad Lone, Regional Head, Client Coverage, Corporate, Commercial…
Tier-one banks grow loans to customers by 22%
Tier-one banks saw their aggregate loans and advances to consumers increase by 22.39 percent in the first half of 2022, with interest income rising by more than a quarter.
On account of…