Money market

Naira trades flat at I & E FX window

By Kayode Tokede Naira at Investors & Exporters Foreign Exchange ( I & E FX) window traded flat at N410.00 against the Dollar on Monday The Naira lost by 0.05per cent and 0.14per cent the Euro and Pound Sterling closing…

MfBs record 82% growth in lending – NBS

By Kayode Tokede The National Bureau of Statistics (NBS) has disclosed that Microfinance Banks (MfBs) recorded an 82per cent boost in lending rising from N300.2 billion in 2019 to N546.6 billion in 2020. As of 2018 total microfinance loans to the…