nigerian banks

Nigerian Stocks Drop as Banks Lead Losses; NIBOR Spikes Across Board

Nigerian Stocks Drop as Banks Lead Losses; NIBOR Spikes Across Board

The Nigerian Exchange (NGX) closed lower on Monday as jittery investors reacted to tightening liquidity conditions in the banking sector,… Read More

1 day ago

CBN Suspends Dividends, Bonuses, and Foreign Investments for Banks Under Regulatory Forbearance

The Central Bank of Nigeria (CBN) has issued a directive temporarily suspending the payment of dividends, bonuses, and foreign investments… Read More

3 days ago

Wema Bank, Aradel, and Champion Lead Dividend Wave as GTCO Tops Yield Table

The dividend season on the Nigerian Exchange continues with renewed momentum as several listed companies, including Wema Bank Plc, Aradel… Read More

1 month ago

Why Nigerian Banks Are Highly Profitable Despite a Shrinking Economy

Nigerian banks have defied economic odds to post extraordinary profits for 2024, with Zenith Bank reporting a profit after tax… Read More

3 months ago

Business File: 8th Zenith Bank International Non-Oil Export Seminar

Business event pictures from Zenith Bank, Egbin Power Plc, National Council on Climate Change, First Bank, Esso Properties Limited, IITA,… Read More

2 years ago

How Can Banks Support Africa’s Rising Gig Economy?

Informal employment represents 80-90% of the total workforce in most African countries, forming the bulk of the workforce. Gig workers… Read More

4 years ago

Dollar Shortage Poses Major Risks to Nigerian Banks – Fitch

International rating organisation, Fitch Ratings has said that foreign exchange liquidity and dollar shortage pose significant risks to the ratings… Read More

5 years ago

Nigeria’s GDP: Nigerian Banks Set For 7.6% of Total Credit Going Bad by Year End

Nigeria’s Gross Domestic Product (GDP) is likely to grow at less than 50 per cent the speed required by banks… Read More

5 years ago

Nigeria’s Banking Industry – The Past We Must Confront

Part I How do commercial banks make money? The Covid-19 pandemic has triggered a global economic crisis. So far, our… Read More

5 years ago