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Four Tier-1 Banks to increase loan books by ₦1.2 trn in 90 days. Despite the fact that they have big sizes, four banks in Tier 1 class failed to convert 60% of their deposits as loans and advances to customers, the first quarter 2019 results have shown.
“CBN Directive on Banks’ LDR an Interference with Free-market”. On the back of the recent directive issued by the apex bank on loan to deposits floor for banks, some banking sector experts have said that the Central Bank of Nigeria directive is a direct interference with free market.
Nigerian Economy Risks Being stuck in Low Growth, High Unemployment. The numbers are weak, some analysts have said. The petrol-powered economy key performance indicators are resting at the hot zone in the macroeconomic space, from the nation’s high debt stock which currently closed at N24.39 trillio
FGN Bonds: Why Parents Should Teach Children Financial Literacy
The first rule is, don’t save it, invest it. Cash is the king in the marketplaces.
It does not have to be Naira and Kobo though, there are cash and cash equivalent assets.
If you are still among those that love to have millions, or b
Drivers of African Fertility Transition in the 21st Century
Experts have tasked the Federal Government with the need to negotiate external trade relations
New Capital Requirement Key to Strengthen Coverage Capacity of Insurers. Anaje Olumide Ojo Akinkungbe , AO2 Law, has said that it considers the new minimum paid-up share capital requirements as necessary to strengthen the depth of coverage capacity of local insurers in a bid to improve market penetr
We can end extreme poverty, says World Bank David Malpass. FIGHTING POVERTY, LIFTING THE POOR: In the fall of 1973, the World Bank’s fifth president, Robert McNamara, thrust into the international consciousness a word that does not appear in the Bank’s articles of agreement: poverty.
Bretton Woods: Nationalism, populism creating instability 75 years after. The world still struggles after 75 years of the Bretton Woods agreement, notable economists across the world have noted.
IIF Celebrates 75th Anniversary of Bretton Woods Conference. The Institute of International Finance, IIF, the global association of the financial industry, celebrates 75 years anniversary of Bretton Woods Conference.
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