The treasure bills scam continues to flourish!!

In the wake of the 2008 financial crises, the Central Bank created over N4000bn fresh Naira supply, inspite of its attendant inflationary threat, to rescue the Nigerian banking sector.
Evidently, however, the bountiful profit figures declared lately by several banks would be clear testimony that, business is presently good in the sub-sector, particularly when compared with the relatively modest profit figures and systemic challenges in other industrial and commercial sub-sectors. Continue Reading