By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Enterprise Bank Limited said it has created the SimpleSave account for the unbanked. According to a Statement from the bank by Igwe Igwe, head, corporate communication and made available to InvestAdvocate, the SimpleSave account is part of the bank’s resolve to be a strong force […]
Author: InvestAdvocate
Oil revenue crashed by 19.8% in January — CBN
The nation’s oil revenue fell by 19.8 per cent in January 2014 compared to the corresponding period last year, according to the latest statistics from the Central Bank of Nigeria. While attributing the fall to the decline in receipts from petroleum profit tax and royalties, the CBN indicated that oil […]
Banks’ assets hit N24tn – Report
The total assets and liabilities of the Deposit Money Banks in January amounted to N 24. 4tn, the Central Bank of Nigeria said in its latest report. The figure, it noted, showed an increase of 0.3 per cent above the amount of the preceding month. According to the CBN report, […]
