Category : Search result: bank interest gap


US Soldier's $500k Death Benefit Stuns Peller

A viral chat between influencer Peller and a Nigerian US soldier revealing massive military benefits has ignited a fierce debate on Nigeria's pay gap. See the shocking details.

Banks Charge 60% on Loans, Pay 2.7% on Savings

CBN data reveals a massive gap between bank lending and deposit rates. Borrowers in key sectors face crippling costs while savers earn minimal returns. Discover the full breakdown.

23 Banks Meet CBN Capital Target, 3 to Merge

Nigeria's banking sector consolidates as 23 banks meet new CBN capital requirements. Access, Zenith lead. Three banks set to merge ahead of March 2026 deadline. Full details inside.

DisCos Record N92.93bn Revenue Gap in October

Nigerian electricity distributors faced a N92.93bn revenue shortfall in October 2025 due to billing and collection inefficiencies. NERC data reveals stark performance gaps among DisCos. Read the full analysis.

FG Links Women's Health to Economic Growth, Reforms

The Federal Government says closing Nigeria's gender health gap is vital for economic growth and sustainable reforms. A new foundation launches to tackle high maternal mortality and systemic healthcare challenges.

Funding Shortfalls Undermine Nigeria's End TB Goals

Nigeria is off track to meet WHO's 2025 End TB targets, with high incidence and deaths. A massive $405M budget faces a 73% funding gap, risking millions of lives. Urgent domestic investment is needed.

CBN Issues New Cash Directive to Banks for 2026

The Central Bank of Nigeria has directed commercial banks to guarantee steady cash flow in ATMs and branches nationwide. This follows a successful festive season with minimal scarcity.

ASUP Demands Urgent Polytechnic Revitalisation

The Academic Staff Union of Polytechnics warns Nigeria's technical skills gap will worsen without proper funding and an end to the HND/BSc dichotomy. Read their urgent demands.

How Creative Catalyst is Funding Nigeria's Creative Economy

Chapel Hill Denham's Creative Catalyst programme tackles the funding and business support gap in Nigeria's creative sector, attracting 543 applicants and backing projects like 'Gingerrr'. Discover how it fuels economic transformation.

Young Prof Segun Aina on Academia-Industry Collaboration

Professor Segun Aina, one of Nigeria's youngest Computer Engineering professors, discusses the imperative of town-gown collaboration for national development, tackling brain drain, and leveraging technology for growth.

Man Cries Out as N100k Bank Transfer Becomes N63k

A Nigerian man raises alarm after transferring N100,000 to his Zenith Bank account, only to find a balance of N63,000. The incident sparks online reactions and tax deduction theories. Read full details.

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