Banking

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  Cash shortage hits banks as TSA deadline expires

  Deposit Money Banks in the country have transferred about N1.5tn from the accounts of...

  • Posted September 17, 2015
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  BoI, FIIR to boost economic growth with research

  The Bank of Industry says it will collaborate with the Federal Institute of Industrial...

  • Posted September 17, 2015
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  NIBSS, Telcos collaborate on BVN registration

  The Nigeria Interbank Settlement System (NIBSS) said it has gone into a partnership with...

  • Posted September 15, 2015
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  Interbank lending rate down as liquidity rises

  The nation’s interbank lending rates fell 75 basis points to an average of 6.50...

  • Posted September 15, 2015
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  Profit taking hits banking stocks on Nigerian Bourse

  The banking sector suffered profit taking thursday making the Nigerian Stock Exchange (NSE) Banking...

  • Posted September 12, 2015
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  JP Morgan: Emefiele defends CBN policies

  The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, has dismissed concerns about foreign...

  • Posted September 12, 2015
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  Experts predict CBN’s N338bn bailout to States will reflate economy

  There are strong indications that the injection of over N338 billion into the economy...

  • Posted September 12, 2015
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  CBN to sanction banks for non-compliance with TSA deadline

  The Central Bank of Nigeria (CBN) on Tuesday warned that commercial banks that fail...

  • Posted September 10, 2015
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  FRC wants Buhari to set borrowing limits for all tiers of government

  Notwithstanding the sustainability of the country’s current public debt to Gross Domestic Product (GDP)...

  • Posted September 10, 2015
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  SEC suspends Stanbic IBTC N20.4bn rights issue

  The Securities and Exchange Commission on Tuesday suspended Stanbic IBTC Holding Plc’s N20.4bn rights...

  • Posted September 10, 2015
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