The Minister of Finance, Budget, and National Planning, Zainab Ahmed, said on Tuesday the risk of bank failure in Nigeria has increased due to the rise...
The federal and state governments borrowed at least N107.1 billion from Nigerian banks in the first five months of this year to make up for revenue...
Another round of banking consolidation is inevitable for lenders to thrive by growing capital base quicker than inflation rates and devaluation of the naira, management consulting...
Transactions carried out by Nigerians via electronic payment channels totalled N263.78 trillion between April and June this year, the National Bureau of Statistics (NBS) said on...
The banking sector gross credit increased by N2.7trillion in seven months, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Friday. Emefiele,...
The nation’s capital market on Monday closed in the positive as Bank stocks on the Nigerian Stock Exchange, NSE, rallied to reverse some of the losses...
About 14 sectors of the economy recorded a decline of about $3.45bn (about N1.05tn) in investment inflow between the first and third quarter of the year,...
The staff strength in the nation’s banking sector rose by 12 per cent in the first half of 2018 from 90,923 staff recorded at the end...
THE trending economic recovery news in the third quarter of 2017 (Q3’17)/ first nine months 2017 (9-M’17), did not prevent the banking sector from some misery...
The reduced fortunes of a number of indigenous oil companies in Nigerian may have prompted the banking sector to shut the loan window on them for...
The banking sector, while attractive with low valuations, would have to navigate a difficult operating environment in 2015, as regulatory actions amid economic challenges cap loan...
