Total assets and liabilities of commercial banks amounted to N41.42tn at the end of October 2019, showing 4.6 per cent increase when compared with the level at the end of the preceding month. The Central Bank of Nigeria disclosed in its economic report for November that funds were sourced, mainly, from increase in unclassified liabilities,...
With only a few days left of 2019, do find some time to get some clarity around your personal finances. Of course, with the spending frenzy, all the parties and activities, it is easy to put aside such a mundane task till next year, but don’t procrastinate. The end of year is always a good...
• New regime begins January 1 • Imposes N2m fine per infraction • Urges customers to know rights The Central Bank of Nigeria (CBN) yesterday reduced all bank charges, with some getting more than 50 per cent cut, with effect from January 1, 2020. According to the apex bank, the decision, which came amid public...