January 9, 2020 By Paschal IJEH InvestAdvocate Lagos (INVESTADVOCATE)-The Central Bank of Nigeria (CBN) on Wednesday announced it has retained the minimum 65 percent of Loan Deposit Ratio (LDR) in the interim, according to a circular signed by Ahmad Abdullahi, its director of Banking Supervision. Accoirding to the CBN, it had […]
Money Market
KPMG SME Report: FirstBank Named Biggest Mover in 2019
January 8, 2020 Written by Collins Nweze Capital is crucial in driving sustainable Small and Medium Enterprises’(SMEs’) growth and uplifting the economy. First Bank of Nigeria Limited, as part of the launch of its specialised SMEs’ propositions, has continually supported SMEs through diverse initiatives. The bank says its support for […]
The French-backed CFA franc is Going. Will The New Eco Be as Stable?
Culled—Proshare January 7, 2020 By FDC Monetary policy, done well, is meant to put everyone but economists to sleep. Yet in West Africa it has pulled thousands of protesters onto the streets. Many locals have long objected to the West African and central African cfa francs, two monetary unions pegged […]
