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Money creation follows the same basic logic in every modern economy, including Nigeria. It is carried out by two types of institutions: commercial banks and the central bank. Commercial banks create the lion’s share. When a bank extends a loan,…
Read moreThe Senate has approved another three-month extension for the implementation of the capital component of the 2025 Appropriation Act, moving the deadline from June 30 to September 30, 2026. The post Senate extends 2025 budget implementation again by three months…
Read moreNigeria’s retail investment landscape is evolving rapidly, but in a market where digital access has made investing easier than ever, first-time investors now face a more consequential decision than simply choosing their first stock. The real question is whether to…
Read moreThe Federal Government has declared Friday, June 12, 2026, a public holiday to mark the country’s Democracy Day celebration. The post FG declares June 12 public holiday to celebrate Democracy Day appeared first on Nairametrics.
Read moreThe Group Chairman of Access Holdings Plc, Aigboje Aig-Imoukhuede, said the bank’s ambition is to become Nigeria’s equivalent of Standard Bank of South Africa, declaring that the group has concluded its aggressive expansion phase and is now pushing fully towards…
Read moreThe Central Bank of Nigeria (CBN) has proposed strict limits on loans, guarantees, asset transfers, and other financial exposures between banks and their affiliated companies as part of a new regulatory framework designed to prevent financial distress from spreading across…
Read moreGround handling companies in Nigeria have suspended services to Max Air over unpaid debts tied to aviation support operations. The post Ground handlers suspend services to Max Air over unpaid debts appeared first on Nairametrics.
Read moreData compiled by Nairametrics Research from banks’ 2025 annual reports and investor presentations, as well as available branch locators, show that Access Bank, FirstBank, and Zenith Bank remain the most visible lenders in Nigeria by branch network. The post 10…
Read moreLeagueBook, a growing sports chat and social platform, today(June 11, 2026) announced the official rollout of its highly anticipated e-commerce integration. The post LeagueBook introduces social e-commerce features for sports fans appeared first on Nairametrics.
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