Money market

Uganda holds key interest rate to help shield economy

Uganda’s central bank held its benchmark rate at 9% saying subdued inflation provides room to shield the economy from global…

CBN gets new director of currency operations

The Central Bank of Nigeria (CBN) Thursday announced the deployment of Ahmed Bello Umar, as the new director, currency operations…

NBS: 18 bankers sacked daily between January and September

An average of 18 people were sacked every working day between January and September 2019. This is according to data…

Micro finance bank records 98% loan repayment

Hope Ikwe, Jos

CBN’s LDR policy improves access to credit – Business operators

Members of the organised private sector (OPS) have said the directive by the Central Bank of Nigeria’s (CBN) that banks…

Soludo urges banks to adjust to new developments following ACFTA agreement

A former Governor of the Central Bank of Nigeria, Prof Charles Soludo, has urged Nigerian banks to adjust to developments that…