Money market

Stanbic IBTC supports Nigerians through CSI initiatives

By Kayode Tokede As part of its Corporate Social Investment (CSI) initiative, Stanbic IBTC Holdings PLC, has continued to make remarkable contributions to children’s lives in communities where it operates. The financial institution’s Marketing and Corporate Communications department renovated the…

Banks deposit with CBN drops by 38% in 2020

By Kayode Tokede Banks and Merchant Banks operating in Nigeria deposit with Central Bank of Nigeria (CBN) dropped by 38 per cent to N7.25trillion in 2020, our correspondent can report. However, in 2019, banks and merchant banks deposited N11.66trillion with…