In Your Interest
12/3/2018/Moody’s Last Wednesday, the International Monetary Fund (IMF) released its Nigeria country report, noting that banks’ Tier 1 capital ratio had declined to 10.8% in September 2017 from 16.3% in December 2016 and 17.1% in 2013, and is now at its lowest level in the past five years (see Exhibit […]
Culled—Proshare March 12, 2018/CBN The Central Bank of Nigeria (CBN), in its quest to guarantee the availability of forex for customers’ needs in various segments of the market, has injected another sum of $210million into the inter-bank Foreign Exchange Market. Figures obtained from the Bank on Monday, March 12, 2018, […]
*Buhari administration’s task is to run a system that works for all March 12, 2018 “…this probably explains why financial inclusion has gained increasing resonance in the past few years. “It is not just access to banks for safekeeping of funds especially by the poor, those in rural, far-flung parts […]