Financial Services

August 6, 2018

Nigeria Update: Nigeria deep in $30tr global loss to inequality

An economist and former Chairman of the United States Federal Reserve, Ben Bernanke, once said: “Income inequality is troubling because, among other things, it means that […]
July 30, 2018

Nigeria Update: FCMB Group posts N7b half-year profit

FCMB Group Plc recorded a profit before tax (PBT) of N7.1 billion for the six-months ended 30 June 2018, representing 86 per cent increase from N3.8 […]
July 25, 2018

Nigeria Update: CBN holds monetary rates steady for two years

Foe the 12th consecutive time in two years, the Central Bank of Nigeria (CBN) has retained all the monetary policy rates for the country. The decision […]
July 23, 2018

Nigeria Update: Banks in excess loan deduction saga

A growing number of Nigerians are now afraid to borrow money from the banks, not just for their inability to pay back, but that they would […]