By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier lender, First Bank of Nigeria Limited has unveiled FirstEdu Loan to the tune of N10 million in support schools and educational Institutions with their educational requirements to enhance preparations for a new school year. “The Bank’s support for educational development of the […]
Money Market
TSA’ll force banks to diversify deposit sources –NDIC
The Managing Director/Chief Executive Officer, Nigeria Deposit Insurance Corporation, Alhaji Umaru Ibrahim, says full implementation of the Treasury Single Account policy will help banks to diversify their sources of deposit mobilization. According to him, the policy has shown that the era of “arm-chair banking in Nigeria” is over. He spoke […]
President Buhari Says No More Naira Devaluation
By InvestAdvocate with Agency Reports Lagos (INVESTADVOCATE)-Nigeria’s President Muhammadu Buhari said on Wednesday that he does not think the nation’s local currency the naira should be devalued again, a Reuters report quoting the President in an interview with France 24. The report quoted President Buhari as saying “I don’t think […]
