Banks N22 trillion Claims with Central Bank seen funding largest intervention funds in Nigeria’s...

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Banks N22 trillion Claims with Central Bank seen funding largest intervention funds in Nigeria’s history. By Naomisophyblog The total claims Nigerian commercial banks have against the...

The reason CBN interest rate hikes may fail to reduce Nigeria’s inflation

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The reason CBN interest rate hikes may fail to reduce Nigeria’s inflation. By Naomisophyblog Background as revealed by the National Bureau of Statistics (NBS), Nigeria’s inflation...

Bank customers exchange over N200trn in six months using bank electronic channels.

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Bank customers exchange over N200trn in six months using bank electronic channels. By Naomisophyblog According to the Nigeria Inter-Bank Settlement Systems (NIBSS), business transactions worth N204.5...

President Muhammadu Buhari, Emefiele, others to headline CIBN conference in Abuja

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President Muhammadu Buhari, Emefiele, others to headline CIBN conference in Abuja By Admin President Muhammadu Buhari and the Governor of the Central Bank of Nigeria, Godwin...

Banks Loaning From CBN Increases By 27% To N4.5tn

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Banks Loaning From CBN Increases By 27% To N4.5tn By Admin In the midst of a growing liquidity crisis, banks in Nigeria borrowed a huge N4.5tn...

70% Of Cars Innoson Supplied Have Broken Down, Says Uzodinma.

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70% Of Cars Innoson Supplied Have Broken Down, Says Uzodinma. By Naomisophyblog The Imo state government has described as distasteful and cheap blackmail the claim by...

Presidency trudges into CBN-NNPC Feud Over Dollar Remittances.

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Presidency trudges into CBN-NNPC Feud Over Dollar Remittances. By Admin In an effort to address the dwindling fortune of the naira, the presidency has waded into...

Nigerians who saved in dollars at the start of the year now have double...

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Nigerians who saved in dollars at the start of the year now have double conversions in Naira. By Admin Nigerians who took a bet against the...

12 Banks’ Net Interest Margin Shrink on Cost of Funds, Assets Yields.

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12 Banks’ Net Interest Margin Shrink on Cost of Funds, Assets Yields. By Naomisophyblog Zenith Bank Plc among other Tier-1 and Tier-2 banks have witnessed decline...

FG bans foreign firms’ direct dealings with farmers.

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FG bans foreign firms’ direct dealings with farmers. By Naomisophyblog The Federal Government on Monday announced that it had approved a ban on the direct purchase...

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