CBN defaults on payment of $10bn debt to banks as dollar nears N1,000
Over two weeks after the Central Bank of Nigeria promised to clear over $10bn foreign exchange debts owed Deposit Money Bank, the apex bank has
Category : Banking
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About Banking News Today
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.
UNGA 78: Nigeria, others approve declaration on ending TB by 2030
UNGA 78: Nigeria, others approve declaration on ending TB by 2030 Nigeria, some UN Member States, civil society representatives and other stakeholders have approved a
Cardoso, acting deputies assume office pending confirmation
Cardoso, acting deputies assume office pending confirmation The nominee for the position of governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has
UNGA 78: Tinubu harps on sustainable environment for investment in Africa
UNGA 78: Tinubu harps on sustainable environment for investment in Africa President Bola Tinubu has emphasised the importance of creating sustainable environment for investment
