Data Breach: CIBN Asks Bankers to Protect Customers The Chartered Institute of Bankers of Nigeria has said it is critical for the banking community to display...
Banks’ Profit to Suffer as CBN Bars Lenders from Bills’ Market In a bid to further compel lenders to increase credit facility to the private sector,...
With Rising Income Inequality, 100 Bank Customers Get 47% of Loan Nigerian banks have high credit concentration risk, with 47 per cent of total industry loans...
DBN Lends to All Sectors, Says MD The Managing Director, Development Bank of Nigeria, Tony Okpanachi, has said that the bank was established to provide funds...
CBN Contemplates Lowering Investment in FG Securities The Central Bank of Nigeria maybe perfecting a plan to further compel lenders to extend credit to the private...
CBN Unveils Guidelines for Accessing Standing Deposit Facility The Central Bank of Nigeria (CBN) last night introduced fresh rules for accessing its Standing Deposit Facility (SDF)....
Investors Selling Bank Stocks Ahead of LDR Implementation Investors at the Nigerian Stock Exchange have started selling their holdings of bank stocks following the announcement of...
CBN to Introduce New Framework on Mortgage Lending The Central Bank of Nigeria plans to introduce a framework to boost mortgage lending in the country. According...
CBN New LDR Policy to Hurt Treasury Market The recent directive of the Central Bank of Nigeria mandating all Deposit Money Banks (DMBs) to maintain 60...
CBN Allows Banks Free Operation of Mobile Wallet The Central Bank of Nigeria has said that Deposit Money Banks can now operate mobile money wallet services...