Featured Four Tier 1 banks retain ranking
The 2023 edition of the Proshare Bank Strength Index, PBSI revealed four Tier 1 banks and financial holding companies retained their ranking in the industry....
Category : Money Line
Featured Outcry as CBN raises interest rate again
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday again raised the Monetary Policy Rate from 13 per cent to 14 per...
Featured Commercial banks write-off N1.9trn bad debts in 4yrs
A minimum of N1.9 trillion impaired loans has been written off by commercial and merchant banks operating in Nigeria from their loan portfolio in the last...
Featured DMO raises N8.8bn from savings bond
The Debt Management Office (DMO) has stated that it raised N1.367 billion from the Federal Government Savings Bond auction held this month bringing the total...
Naira: The devaluation of Nigerians
The value or the economic worth of any national currency is arguably the marketing worth or value to the users or spenders of such currency...