March 9, 2018/Thisday Obinna Chima Six of the largest banks in the country accounted for 57.05 per cent of the total deposits in the industry as at June 2017, compared with the 53.70 per cent recorded at the end of December 2016. Also, the six banks also accounted for 60.11 […]
Money Market
Financial Stability Report: CBN Says Banks Credit to Private Sector Fell Marginally 1.47% to N15,91 Billion in December 2016
March 8, 2018/CBN Executive Summary Global output growth was projected at 3.5 per cent in 2017, compared with 3.2 per cent recorded in 2016. The key drivers of the increase in growth included the strengthening of financial markets and expected recovery in manufacturing and trade. Inflationary pressures were sustained across […]
ALAT by Wema Launches Quick Loans and Virtual Dollar Card
Culled—Proshare March 7, 2018/Wema Bank ALAT, Nigeria’s only fully digital bank, has released two exciting new features: quick short-term loans and a virtual dollar card for paying online internationally. ALAT Loans are accessible to all ALAT customers through the bank’s Android and iOS apps. The ALAT Virtual Dollar Card is […]
