Banking in Nigeria took a new dimension after the pronouncement of the former governor of the Central Bank of Nigeria professor Ifeanyi Emiefiele for the need to improve the banking industry in Nigeria thereby competing with other foreign banks, hence capital base to 25 billion naira. According to the governor of central bank professor Ifeanyi Emiefiele, the whole idea of the increment is to give room for other small financial institutions to strive, thereby reducing the rate of compet...
A robust economic growth cannot be achieved without putting in place well focused programme to reduce poverty through empowering the people by increasing their access to factors of production.
