Nigerian banks absent in 2023 African Banker Awards nomination list
By Business A.M. The African Banker magazine, a quarterly magazine dedicated to banking and finance in Africa, has announced the
Nigerian banks record 4.8 million BVN registrations in 2022
By Rosemary Iwuala Banks in Nigeria recorded a total of 4.8 million new Bank Verification Numbers (BVNs) in 2022, according to the
H2’22 Outlook- Banks
BY VETIVA CAPITAL. What shaped the past week? Global: It was a week of selloffs across the global space, as recession concerns
UK to invest $1bn in Nigerian banks, telecoms through BII
BY ANITA OKORO The UK Government is investing $1 billion in Nigerian banks, infrastructure and power over the next five years through
New banks, fake banks and dubious banking
BY: MARCEL OKEKE A seemingly innocuous ‘war’ has been raging in the Nigerian financial services space for some time now: the ‘war’ to
Nigerian banks not in EM cut for IMF’s global bank stress test
BY CHARLES ABUEDE Nigerian banks failed to make the cut of a sample list of Africa’s or emerging markets’ banks used by the
Global crypto funds soar despite N800m Nigeria central bank hammer on 3 banks
BY CHARLES ABUEDE Just as navigating the volatile crypto market can be very tricky for even experienced investors, the growth of
CBN borrowings from commercial banks down 0.45% to N1.35trn in Q1
BY CHARLES ABUEDE A few years after Nigeria’s Central Bank initiated the Standing Deposit Facility (SDF) for Nigerian banks on a daily
Banks grow total assets to N47.82tn
BY:Moses olajuwon Obajemu Nigerian banks grew their total assets to N47.82tn as of the end of June 2020. Rafindadi Sanusi, a member of
Nigerian banks to face rising cost, revenue shortfall-analysts
The picture is not rosy for Nigerian banks at the moment as analysts have predicted a big hit to revenues and rising borrowing costs