Tag: CBN

Nigeria’s Interest Rate Rises By 14%

The Central Bank of Nigeria, Tuesday, rose the Monetary Policy Rate from 13 per cent to 14 per cent. The impact of this decision that was reached by the policy-setting committee of…

Directors of 10 Banks Pocket N6.96bn Allowance, Compensation

Analysis of the lenders’ financial results has shown that directors of 10 banks collected N6.96bn sitting allowance and compensation in 2021. The 10 banks include United Bank for Africa (UBA) Plc, Zenith…

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