Economists challenge N1400/$ benchmark in 2025 budget
Photo caption: Forex rate As the naira struggles to gain stability amid projections of depreciation, the Federal Government in the recently released Medium Term
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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.