The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Central Bank of Nigeria has launched the Nigerian Overnight Financing Rate (NOFR) to serve as the primary benchmark for the domestic money market. Developed alongside the Financial Markets Dealers Association, the rate replaces older, fragmented methods of measuring short-term liquidity. It aims to improve transparency and sharpen the transmission of monetary policy. The bank…
Nigeria’s banking sector is the second-largest in sub-Saharan Afrifter South Africa. Total assets in August 2019 amounted to N39.6 trillion although some small and mid-sized Nigerian banks are still struggling to rebuild capital levels. This is following a decline in oil prices which led to a foreign-currency shortage. The 2016 recession also affected banks as…