S’Court order on old notes: Banks in partial compliance, begin skeletal re-circulation
Deposit Money Banks in the country have begun partial compliance with the Supreme Court order approving the use of old N1,000 and N500 and N200
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.
Anchor borrowers: CBN faults IMF’s poor rating
Anchor borrowers: CBN faults IMF’s poor rating The Central Bank of Nigeria has disclosed that N503bn representing 52.39 per cent has been repaid by farmers
Supreme Court ruling: Business operators anxious to hear from Buhari, Emefiele on Naira policy
Supreme Court ruling: Business operators anxious to hear from Buhari, Emefiele on Naira policy Business operators in the Federal Capital Territory (FCT) Abuja say they
