Nigerian Stock Market Resumes Bearish Trend on Monday The Nigerian Stock Exchange (NSE) resumed bearish trend on Monday despite closing with 3.25 percent gain last week....
FG Realises N312bn From Value Added Tax in Q2, 2019 The National Bureau of Statistics (NBS) has said the Federal Government through the Federal Inland Revenue...
Loan Defaulters: Lenders to Seize Deposits in Other Banks As Nigerian banks moved towards implementing the new 60 percent loan-to-deposit ratio directive in September, lenders and...
CBN Raises Alarm Over Scam Loan Advert The Central Bank of Nigeria (CBN) has alerted Nigerians about internet fraudsters targeting small scale businesses, using fake CBN...
Central Bank Caps Banks’ Exposure to Non-performing Loans In a bid to put a lid on banks and other financial institutions’ exposure to non-performing loans, the...
SEC Calls For e-Dividend Fee Inclusion in Bank Charges The Security and Exchange Commission(SEC) on Friday, called on the Central Bank of Nigeria (CBN), to include...
Firms, Individuals Owe Banks N15.480 Trillion The high debts in the banking sector are not just owed by businesses but also individuals, according to the recent...
Weak Sentiment Weighs on FG’s Bonds The uncertainty surrounding the Nigerian economic outlook has started hurting Nigerian assets as investors shunned Federal Government’s bonds for August....
GTBank on Track to Meet CBN’s 60% LDR Directive -Agbaje Guaranty Trust Bank (GTB), Nigeria’s tier-I bank, has said it is on track to meet the...
Nigerian Banks, Others to Earn $1.19bn Remittance fee in 2019 A global consulting firm, PricewaterhouseCoopers (PwC) has predicted that Nigerian banks, mobile money operators and other...
