Banks open vaults to households, corporates in new credit plan
The nation’s Deposit Money Banks may have begun a new era in credit creation, as they allocated higher credits to different sectors of the economy in the first quarter (Q1) 2018.
Stakeholders fault Etisalat’s $1.2b debt management, investments’ claim
The controversy dogging Etisalat’s $1.2 billion alleged “Non-Performing Loan” with 13-bank syndicate group has remained unsettling as stakeholders raise suspicion of incompetence, connivance and overstatement of investments.
Eboh: Economy out of intensive care unit, but needs constant attention
Yes, that is very much in tandem with my perception of Nigeria’s current state as regards the ongoing recession, which has been in place since last year. Taking a step back to the root cause of this problem- the slump in global oil prices....
CBN’s $418m forex, T-Bills auctions tighten liquidity
The combination of foreign exchange (forex) and Treasury Bills (T-Bills) auctions by the Central Bank of Nigeria (CBN) last week, moderated the quantity of money...