2024 inflation exceeds CBN 21.40% target
Photo caption: CBN headquarters The rate of inflation at the end of December 2024 stood at 34.80 per cent which exceeded the 21.40 per
Get yourself acquainted with the latest update on banking news today. Find breaking news and analysis, headlines, blogs, pictures and videos about Banking
The banking industry involves borrowing and lending money. Banks take customer deposits in return for paying customers an annual interest payment.
It is majorly used to keep money safe for customers, offer customers interest on deposits, protect against money losing value against inflation, lend money to firms, customers and homebuyers, and offer financial advice and related financial services, such as insurance
This is the major reason why we keep everyone updated on the recent happenings in the financial industry.