Category : Banking
Get yourself acquainted with the latest update on banking news today. Find breaking news and analysis, headlines, blogs, pictures and videos about Banking
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.
IMF tasks Tinubu on revenue generation, debt reduction
IMF tasks Tinubu on revenue generation, debt reduction The International Monetary Fund has urged the incoming government of President-elect, Sen. Bola Tinubu to take steps
Nigeria’s GDP Growth Slows to 2.31%, Driven by Non-oil Sector in Q1
Nigeria’s GDP Growth Slows to 2.31%, Driven by Non-oil Sector in Q1 Nigeria’s Gross Domestic Product (GDP) growth rate slowed to 2.31 per cent
MPC shuns bleeding economy, raises interest rate to 18.5 per cent
MPC shuns bleeding economy, raises interest rate to 18.5 per cent Yesterday was a tough day for the economy with the National Bureau of Statistics
CBN revokes operating licenses of 179 microfinance banks
CBN revokes operating licenses of 179 microfinance banks The Central Bank of Nigeria CBN on Tuesday revoked the operating licenses of 179 microfinance banks
MoneyCounsellors empowers investors with information on wise investment choice, decision
MoneyCounsellors empowers investors with information on wise investment choice, decision By Olawunmi Ashafa MoneyCounsellors, a research and data platform, has introduced an opportunity
98% eNaira wallets inactive, adoption slow – IMF
98% eNaira wallets inactive, adoption slow – IMF The International Monetary Fund has disclosed that 98.5 per cent of eNaira wallets have been unused
