Category : Search result: Nigerian banks interest income


FMDQ Market Activity Slows, Turnover Drops 24%

Trading activity on the FMDQ Securities Exchange contracted sharply in November 2025. Total secondary market turnover fell by 24.22% month-on-month to N54.64 trillion. Read the full analysis.

No Bank Shutdowns from CBN Recapitalisation - ACAMB

The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.

EDEN Group Unveils EDNI to Boost Agriculture and Health

Eden Moringa Group launches EDNI Limited, an agricultural platform to support farmers, improve rural incomes, and expand access to health products in Nigeria. Discover how this initiative tackles economic hardship.

Nigerian Tax Law FAQs for 2026 Explained

Get clarity on Nigeria's new tax reforms starting January 2026. We answer 25 common questions on rates, exemptions, and how it affects you. Stay informed and compliant.

How the Average Nigerian Makes a Living

Discover how most Nigerians survive through multiple income streams, informal jobs, and creative hustle. Learn about real salaries, from ₦70K minimum wage to MTN's high pay.

Fed's Williams Sees No Urgency for Further Rate Cuts

New York Fed President John Williams says recent US inflation data was distorted by a government shutdown and Black Friday sales, advising patience on further interest rate cuts. Get the full analysis.

Bank of England Cuts Interest Rate to 3.75%

The Bank of England has cut its key interest rate to 3.75% after UK inflation eased faster than expected. Governor Andrew Bailey confirmed the move, marking the sixth reduction since August 2024. Read more for the full analysis.

ECB holds rates steady at 2% as inflation cools

The European Central Bank keeps its key deposit rate at 2% for the fourth consecutive meeting. Analysts scrutinise Lagarde's comments for clues on future monetary policy amid uncertain inflation outlook. Read more.

NELFUND Loans: N154.4bn Reaches 788,947 Students

Nigerian Education Loan Fund has disbursed over N154 billion in interest-free loans to students. MD Akintunde Sawyerr urges more applicants and explains reasons for failed applications.

Germany Imposes Tougher Penalties for Job Seekers

Germany's coalition government overhauls unemployment benefits, introducing stricter penalties for job seekers who refuse work or miss appointments. The reform aims to boost employment amid economic downturn.

NELFUND Gives N154.4bn Loans to 788,947 Students

Nigerian Education Loan Fund disburses N154.4bn in interest-free loans to 788,947 students. CEO Akintunde Sawyerr reveals details and urges more applications from public institution students.

Asian Markets Drift, Oil Up on Venezuela Blockade

Asian equities showed mixed performance as US jobs data failed to boost rate cut expectations. Oil prices surged over 1% after Trump ordered a blockade of Venezuelan tankers. Get the latest market analysis.

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