Banks’ assets rise to N73tn – CBN
Banks’ assets rise to N73tn – CBN Total assets of the banking industry grew by N14.36tn or 24.24 per cent from N59.24tn at the end
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.
N207b gains push capitalisation to N30tr amid election results delay
N207b gains push capitalisation to N30tr amid election results delay Despite post-election uncertainties, investors, yesterday, renewed stakes in stocks with impressive earnings and dividend
Naira begins week on negative note
Naira begins week on negative note The Naira on Monday exchanged at N462 to the dollar at the Investors and Exporters window. The figure
Naira scarcity: Traders reduce prices of goods for cash payment
Naira scarcity: Traders reduce prices of goods for cash payment Some traders in the FCT markets are reducing the prices of goods for customers paying
Currency in circulation drops to N1.38tn – CBN
Currency in circulation drops to N1.38tn – CBN The total amount of currency-in-circulation in the country dropped from N3.29tn as of the end of October
Nigeria’s GDP improves by 3.52% in Q4 2022- NBS
Nigeria’s GDP improves by 3.52% in Q4 2022- NBS The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 3.52 per
IMF projects N4.26tn as currency outside banks
IMF projects N4.26tn as currency outside banks Amid the naira redesign policy of the Central Bank of Nigeria, the International Monetary Fund has projected that
