Only 673 or (1.09 per cent) additional hands were employed by the banking industry between January and October. This falls far short of the 5 per...
The decision of federal government to commercialise the Federal Savings Banks is a laudable step towards the over all commercial polity of this administration. The removal...
The general downward movement in the level of money supply which characterised the first quarter of 1987 continued into the second quarter, the latest Central Bank...
Nigeria’s cumulative foreign exchange receipts in the first half N11.117 billion representing an increase of 175.3 per cent over the level in the corresponding period of...
Any military take of government, factors usually led one thing or the other to legitimise its governance. It is either that their predecessors were corrupt or...
The federal government is now in favour of debt for low yielding bonds as against the debt for equity option recommended by the high-powered national conference...
Traditional banking rotatory credit and thrift societies are booming all over the country and are making a lot of money in circulation out of the banking...
Nigerian entrepreneurs are now approaching their banks with realistic and meaningful business proposals, The Republic investigation has revealed. Our investigation has also shown that an increasing...
Five companies quoted on the Nigerian Stock Exchange have been placed on technical suspension pending a public issue of additional capital on behalf of the companies....
Beneficiaries of the N50 million graduate loan scheme who are to bank with United Bank for Africa, UBA, can now have their business accounts opened in...
Instalmental remittances in respect of invisible trade transactions and bills for collection are now permissible in the FEM operation, The Republic investigation has revealed. It was...
Nigeria international credit rating has dropped from its 76th position in September last year to 77th in September this year, one point down the scale. This...
Central Bank of Nigeria, CBN, now forbids banks to debit the accounts of (or surcharge), their names clients for short falls on letters of credit for...
International experts have expressed fear in the future of international trade financing as a result of the growing inability of debtor-nations to pay off their debts...
Nigeria was 27 last Thursday. The day was as usual marked with festivities. 27 years in a man’s life is quite sometime. At 27, a man...