December 27, 2021/FirstBank of Nigeria By Chinwendu Obienyi For centuries, there have been heated debates over the sources of economic growth in developing economies and why some countries reflect strong economic growth compared to others. The hypotheses have often centred around crude oil, agriculture, revenues, private capital, bubbling stock market, stable security, […]
Money Market
Stanbic IBTC Bank Records LDR of 69%
December 24, 2021/P+ Measurement Services In its circular, BSD/DIR/GEN/LAB/12/070, to banks dated January 07, 2020 on the regulatory measures to improve lending to the real sector of the Nigerian economy, the Central Bank of Nigeria (CBN) directed banks to maintain a minimum 65% Loan to Deposit Ratio (LDR) with a […]
Titan Trust Bank Takes Over Union Bank, Nigeria’s Second Oldest Bank
Image Credit: titantrustbank.com December 23, 2021/Proshare by Titan Trust Bank The Board of Union Bank of Nigeria Plc (Union Bank) notified the NGX and Securities Exchange Commission that its investors Union Global Partners Limited, Atlas Mara Limited and other shareholders have reached an agreement with Titan Trust Bank Limited (TTB) to […]
