Yields on Nigeria’s 2024 bond shed 15 basis points to 11.89 per cent on Friday, after JP Morgan added it to its Government Bond Index-Emerging Market, attracting offshore funds, dealers said. According to Reuters, the 10-year benchmark bond opened for trade at 12.04 per cent. Last week, JP Morgan said […]

Many bank customers have expressed displeasure at the recent introduction of a N65 Automated Teller Machine fee. But the Central Bank of Nigeria and the Bankers’ Committee are going ahead with its implementation from September 1 (today). The issue, however, is whether this can lead to better service delivery as […]

The Central Bank of Nigeria says it is investing heavily in corporate social responsibility as a strategy to improve security of lives and property. The bank said the investments would also enhance financial services, while also improving the welfare of members of its host communities nationwide. The CBN’s Ilorin Branch […]