What CBN’s new CRR means for banks, economy
The hike in the banking sector’s mandatory Cash Reserve Ratio (CRR) signals not only withdrawal of money in circulation, but a measure to curb the four-month resurging inflation and tacit declaration...
CBN’s CRR adjustment takes toll on equities
Prices of banking stocks tumbled at the close of trading yesterday, as the impact of the recent Cash Reserve Requirement (CRR) adjustment by the Central Bank of Nigeria (CBN) at its Monetary Policy Committee (MPC) meeting continued to hit hard on the sector.
Food prices drop amid inflation scare
After the intense year-end/yuletide shopping activities, which expectedly made the prices of goods and services hit the roof, normalcy has since return to the regular markets with the plummeting prices...
Betamark commences training for agripreneurs, others to access CBN loan
To develop agricultural value chain and ensure sustainable agricultural practices, Betamark Production Company Limited, Lagos, has commenced training for Agro business experts, start-ups and people in Micro, Small and Medium Enterprises...
‘No human should have their organs removed without consent’
In this interview with CHUKS NWANNE, the filmmaker, who has made documentaries for notable oil firms in Nigeria, spoke on the plans for Bodies 2 and his desire to reopen conversation on illegal human organ trade in Nigeria
Experts sceptical of banks growth against unsustained economic environment
Experts have expressed fear on the bubble that may arise in the banking sector, should government fail to provide a favourable business environment t
Nigerian banks in one month’s activity hive
The nation’s Deposit Money Banks (DMBs) recorded a significant increase in assets and liabilities N1.82 trillion, which represented a 4.6 per cent rise in just one month.
Gains in 22 stocks push market index by N48 billion
Transactions on the Nigerian Stock Exchange (NSE), reopened upbeat yesterday, occasioned by gains in 22 stocks, causing market capitalisation to appreciate by N48 billion.