Banks Cut Non-Performing Loans to N1.2 Trillion in the First Quarter 2020 The total non-performing loans in the banking sector moderated to N1.2 trillion in the...
Foreign Assets of Banks Surged by 10.2% in Q1, 2020 The Central Bank of Nigeria has said net foreign assets of Nigerian banks rose by 10.2...
Commercial Banks Write Off N1.9trn in Bad Debts Agusto & Co, a credit rating agency, said banks have written off about N1.9 trillion bad loans from...
Access Bank Completes Acquisition of Kenya’s Transnational Bank Access Bank Plc on Monday said it has completed the acquisition of Transnational Bank (Kenya) Plc after obtaining...
The Central Bank of Nigeria on Monday released the guidelines aimed at reducing non-performing loans in the banking sector and monitoring chronic loan defaulters. The CBN...
Bankers’ Committee, CBN to Spend About N25bn on National Theatre The Central Bank of Nigeria and the Bankers’ Committee on Sunday said they plan to spend...
Energy Companies Owe Nigerian Banks N5.59 Trillion -CBN The Central Bank of Nigeria has said energy firms owed banks N5.59 trillion as of May 2020. The...
Face Mask May Cause ATM Transaction Failure, Banks Tell Customers Deposit Money Banks have said due to their face recognition technology, customers wearing face masks may...
Access Bank to Acquire Cavmont Bank in Zambia Access Bank Plc on Wednesday announced that its wholly-owned subsidiary in Zambia, Access Bank Zambia Limited (Access Bank...
UBA Appoints New Deputy Managing Directors for its Growing Business United Bank for Africa Plc (UBA) announced the appointments of Ayoku Liadi and Oliver Alawuba as...