Zenith Bank, 9 others generate N578bn commission in 9 months
Ecobank Transnational Incorporated, Zenith Bank Plc and United Bank for Africa Plc led seven other banks in N577.9bn commission
Banks attracted $4.74bn foreign investment into the country in the first half of 2019
According to the data obtained from the National Bureau of Statistics (NBS), 22 Nigerian banks attracted 33.16 per cent of the total
Nigerian banks’ assets, liabilities rose above N39.5tn
The commercial banks in Nigeria saw their total assets and liabilities rose from N37.14tn at the end of November 2018 to N39.58tn as
Nigerian banks grow loans by N800bn following CBN’s directive
Omobayo Azeez, with wire report Deposit Money Banks (DMBs) in the country have grown their loan books by N800 billion in an aggressive
Banks challenged on financing for Nigeria’s N100bn cold chain industry
By Samson Echenim Operators and investors in Nigeria’s cold chain sector, have charged banks and other investment financiers to
The Cheat Highway: How customers defraud banks
The cheat highway returns as promised looking at the other side of last week’s topic. Banks and their staff were identified as
Sterling Bank shareholders’ fund grows 20.2% to N102.9bn in 2017
Sterling Bank Plc grew its shareholders’ fund by 20.2 percent to N102.9 billion in 2017 from N85.7bn in 2016. The lender said on
Low returns on treasury bills could force Nigerian banks to look to private sector
A Nigeria central bank policy aimed at regulating the market for treasury bills that is making banks reconfigure their investment
Fitch raises banks’ foreign currency loan risk to 130%
Fitch Ratings Inc., one of the world’s big three credit rating agencies, has said that its recent stress test on Nigerian banks
Nigerian banks’ market-based reporting of FC exposure may impair capital adequacy, says Fitch
Fitch Ratings has said that if Nigerian banks adopt a more market-based presentation of foreign-currency (FC) assets, liabilities and