NBS: 18 bankers sacked daily between January and September
Businessam Staff
December 4, 2019
An average of 18 people were sacked every working day between January and September 2019. This is according to data made available by
CBN’s LDR policy improves access to credit – Business operators
Businessam StaffNovember 22, 2019
Members of the organised private sector (OPS) have said the directive by the Central Bank of Nigeria’s (CBN) that banks should channel
Soludo urges banks to adjust to new developments following ACFTA agreement
Businessam StaffNovember 19, 2019
A former Governor of the Central Bank of Nigeria, Prof Charles Soludo, has urged Nigerian banks to adjust to developments that may
Treasury bills experience three-year low drop rate
Businessam StaffNovember 14, 2019
The Nigerian Treasury Bills (NTBs) rates have dropped to single-digit at the end of yesterday’s primary market auction (PMA). Analysts
ECB increases lending to peripheral banks with bonus charge
Businessam StaffNovember 12, 2019
Banks in Italy and other peripheral euro zone countries are grabbing tens of billions of euros in idle cash from their rivals in
NDIC extends MMO subscribers’ maximum limit to N500,000
Businessam StaffNovember 7, 2019
Following intense complaints from the Mobile Money Operators in the country, the Nigeria Deposit Insurance Corporation (NDIC) has
Lebanese banks to reopen; association asks customers to show consideration
Businessam StaffOctober 31, 2019
Lebanon’s banking association said on Thursday that banks would reopen on Friday to meet “urgent” needs after being shut for two weeks
Nigeria, others’ external debts rise at slow pace, says World Bank
Businessam Staff, Businessam StafffOctober 7, 2019
THE external debt stock of low and middle-income countries, such as Nigeria and many countries in sub-Saharan Africa, rose 5.2 per
Cashless policy: No processing fees, tax, for cash agents says CBN
Businessam StaffSeptember 30, 2019
The Central Bank of Nigeria (CBN) has said to encourage cashless policy, agent locations would be omitted from paying processing fees