Banking and Finance

Banks’ lending cost to rise as CBN raises interest rate to 14%

COST of funds for lending in Nigeria's banking sector could rise as the Central Bank of Nigeria's (CBN) Monetary...
Harrison EDEH -

Illicit financial crime is not victimless

Illicit financial crime like bribery, internet fraud and tax avoidance is not victimless. We all suffer. This is because,...
Editorial -

What is illicit finance?

illicit financial Crime Costs Us $18bn Bribery, non-payment of tax or using the proceeds of crime are just some examples...
Editorial -

Tier-1 banks lend MSMES N1.70trn in 12 months

IN ONE year, Nigerian tier one banks have lent a sum total of N1.70 trillion to customers in small...
Joseph OLAOLUWA -
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Nigeria is targeting $200 billion from non-oil exports – Emefiele

GOVERNOR of the Central Bank of Nigeria (CBN) Godwin Emefiele has called for collaboration among stakeholders in the non-oil...
Oghenekevwe UCHECHUKWU -

INSIDE STORY: Illegal loan apps ‘victims’ form groups to seek retribution, vow not to repay

By Bankole Abe and Omolola Pedro DEBT collectors for many loan apps in Nigeria exploit unconventional techniques to shame defaulting...
Bankole ABE -
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