Increase in CRR will not negatively impact banks’ earnings – Analysts
Following the Monetary Policy Committee decision to raise the cash reserve ratio of commercial banks 500 basis points to 27.5 per cent, from 22.5 per cent, some analysts have predicted that the latest monetary measure will not have a negative effect on the earning of banks.
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Vacancy: Daily Trust is hiring Sub-Editors – Daily TrustMedia Trust Limited, publishers of DAILY TRUST and other newspaper titles is desirous of recruiting competent, self-motivated and result-oriented candidates to fill the following position: Sub-Editor Full Time Abuja The sub-editor ensures that contents are accurate and conform to the Daily Trust writing style. He or she reads stories by staff reporters and stringers and …
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World Bank approves $22.2bn for 6 projects in Nigeria – Daily TrustThe World Bank yesterday approved six projects, worth $22.2 billion to support Nigeria’s development priorities in key areas of improving immunization and enabling a stronger business environment for the private sector. Others are, expanding the digital economy to promote job creation, and increasing public and private sector capacity on governance and social and environmental safeguards. …
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Insecurity: Buhari will not resign — FG – Daily TrustPresident Muhammadu Buhari will not resign over the security challenges in the country. The Minister of Information and Culture, Lai Mohammed, said this in Abuja on Thursday while addressing journalists. The minister was reacting to calls, from various quarters, for Buhari’s resignation over the rising insecurity in the country. “President will not resign. He has …
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Gaffe: Like Magu, South African Minister says she's only been to Geneva, not Switzerland – Daily TrustDays after the the Economic and Financial Crimes Commission (EFCC) Acting Chairman, Ibrahim Magu claimed that he strongly believe that...
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My credentials not forged — Sacked deputy gov-elect insists – Daily TrustA week after the Supreme Court declared his certificate as fake, embattled ex-Bayelsa State deputy governor-elect, Senator Biobarakuma Degi- Eremienyo, has said that all his educational qualifications presented to the Independent National Electoral Commission (INEC) were genuinely obtained from Nigerian institutions. Eremienyo, who briefed journalists in Abuja yesterday, said the institutions are all still in …
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Selloffs in banking stocks, others drag index further by 0.08% | The Guardian Nigeria News - Nigeria and World NewsTransactions on the Nigerian equities market extended the negative streak to four consecutive trading sessions, amid sell pressure on the banking and consumer goods sectors, as index fell further by 0.08 percent.
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