The Central Bank of Nigeria (CBN) has again wielded its big stick on some erring banks in the country just as it sends out a clear indication that it may reduce the savings account deposit rate to 1 percent as yields crash.
Highlights of the Bankers’ Committee Feedback seen by BusinessDay show
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Olufikayo Owoeye
Olufikayo is a graduate of Computer Science with Economics from the prestigious Obafemi Awolowo University Ile-Ife. Prior to joining BusinessDay, he has worked with some notable media outfit in the country. Armed with training in Consulting and Investment banking from Edubridge Academy. He has a very keen interest in Emerging markets, Politics, Mergers and Acquisition. He loves traveling and watching football. You can contact him via [email protected]