Category : Search result: Nigerian banks interest income


US Jobless Rate Climbs to 4.6%, Highest in Four Years

US unemployment rose to 4.6% in November, its highest level since 2021, as the economy lost 105,000 jobs in October. Read the full analysis of the cooling labour market and its global implications.

Asian Markets Retreat on US Jobs Data, Tech Worries

Asian markets extended losses Tuesday ahead of key US jobs data, with tech sector jitters and Fed rate cut uncertainty weighing on investor sentiment. Key indexes in Tokyo, Hong Kong, and Shanghai all fell over 1%. Read the full analysis.

Lady Narrates Escape From Popular Church

A Nigerian woman shares her harrowing story of joining a popular church that nearly destroyed her life. She details her escape and the encounter that saved her. Watch the video.

Divided US Fed Faces Contentious Rate Decision

The US Federal Reserve's final 2025 meeting is marked by internal conflict over a potential third interest rate cut, with a key data shortage complicating the decision. Read the full analysis.

Lady Returns to Nigeria After 4 Years in Libya

A Nigerian woman shares her powerful story of returning home after four challenging years in Libya, opening up about her health struggles and message of resilience. Read her inspiring journey.

FGN Savings Bonds Offer Up to 13.838% Interest

Nigeria's DMO opens subscription for 2-year and 3-year FGN Savings Bonds with attractive quarterly interest payments. Secure investment backed by the Federal Government. Closes Dec 5.

CIBN Launches Ethics Summit on International Day of Banks

The CIBN has announced a new Annual Ethics and Professionalism Summit, aligning with the UN's International Day of Banks on December 4th. Discover how this initiative aims to strengthen trust and sustainable finance in Nigeria's banking sector.

Asian Markets Up Ahead of US Jobs, Inflation Data

Most Asian markets gained Wednesday, tracking Wall Street, as investors await crucial US jobs and inflation data that will shape the Federal Reserve's rate decision next week. Read more.

16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline

CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.

AI's Role in Fixing Nigeria's Tax Trust Deficit

Nigeria's new 2025 tax reforms face public skepticism. This analysis explores how Artificial Intelligence, not just policy changes, can build trust by ensuring transparency in revenue collection and spending.

Top 10 Nigerian Banks by Mobile App Downloads

Access Bank, First Bank, and UBA lead with over 10 million downloads each. Discover the full ranking of Nigeria's most downloaded banking apps and their ratings. #DigitalBanking #Fintech

Legal Battle: Lawyer Represents Both FBN and NUPRC

Senior lawyer Babajide Koku's dual representation in Nestoil-FBN legal battle raises conflict of interest concerns, threatening Nigeria's oil sector integrity. Stakeholders warn of serious consequences.

CBN Orders Banks To Withdraw Misleading Adverts

The Central Bank of Nigeria has ordered all banks to withdraw misleading advertisements. New rules require pre-approval notifications and compliance attestations to protect consumers.

CIT Revenue Reaches N2.78 Trillion in Q2 2025

Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector drives growth while manufacturing faces challenges.

16 Banks Meet CBN Recapitalisation Target

CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.

CIT Revenue Reaches N2.78 Trillion in Q2 2025

Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector dominates while manufacturing faces challenges.

Nigeria to Cut CGT and Corporate Tax Rates in 2026

Federal government confirms plans to reduce Capital Gains Tax from 30% to 25% and Corporate Income Tax from 30% to 25% in 2026. Tax reforms to boost business profitability and attract investments.

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