Business

CBN to Nigerians: Handle Naira with dignity

CBN to Nigerians: Handle Naira with dignity

KANO — The Central Bank of Nigeria, CBN, has urged Nigerians, particularly traders, to handle the naira with care, pride and dignity to prolong the lifespan of banknotes and reduce the cost of replacing soiled and mutilated currency. The Director, Currency Operations and Branch Management, Dr Adedeji Adetona, gave the advice on Monday during a […]
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14 banks incur N368.3bn bad loans  in 9 months

14 banks incur N368.3bn bad loans in 9 months

THE trending economic recovery news in the third quarter of 2017 (Q3’17)/ first nine months 2017 (9-M’17), did not prevent the banking sector from some misery in the form of rising bad loans as 14 banks quoted on the Nigerian Stock Exchange, NSE recorded 8.0 percent increase in bad loans (impairment losses), within the period, Financial Vanguard investigations revealed.