CBN may review interest rates
The Central Bank of Nigeria (CBN) may rein in banks’ liquidity through raising credit reserve ratio (CRR) for private sector or public sector deposits...
CBN Releases lending rules to enhance credit access for MSMEs
To improve access to finance for micro, small and medium enterprises (MSMEs), the Central Bank of Nigeria (CBN) has released regulations for collateral registry...
Access Bank raising N68b rights issue in shareholders’ interest
As Access Bank is putting final touches to its N68 billion Rights Issue in the last quarter of the year, and the Group Managing...
ATM charge may generate N1b for banks quarterly
Automated teller machines (ATMs) may generate up to N1 billion every quarter for banks through the N65 levy on customers’ remote-on-us transactions.
There were about...
CBN may not bail out banks, Afrinvest alerts
Huge liabilities of the Central Bank of Nigeria (CBN), amounting to over N6 trillion as of November 2013, seem to foreclose the bailout of...
Profiting from adversity (1)
It is easy to indulge in self pity and despair when faced with challenging situations like failure, job loss, deformity, disaster, and other misfortunes.
There...
Risky retirement decisions to avoid
You are probably getting ready for retirement. Then it is too bad if you never planned for it, taking pre-retirement training, saving and investing...
Fund crunch hits banks as SIBs seek N405b
Stringent capital requirement imposed by the Central Bank of Nigeria (CBN) may have stripped deposit money banks of funds that would have improved earnings...
Dividend prospects dim as banks rue regulatory headwind
Banks’ equities shareholders at the Nigerian Stock Exchange (NSE) are in for a double whammy.
Price values of many stocks have been depreciating, resulting in...
Forte enhances investment returns by diversification
The share price of Forte Oil, formerly AP Oil, stood at about N299 per share on the Nigerian Stock Exchange (NSE) in the 2008...
