Banks’ Non-performing Loans Fall to 9% – CBN The non-performing loans of the banks fell by six per cent from 15 per cent in June 2017...
SEC Urges Defunct Skye Bank Shareholders to Claim Dividends The Securities and Exchange Commission has issued a circular, reiterating its earlier directives to shareholders of defunct...
Banks’ Assets Increase in April – CBN Banks total assets and liabilities grew by 0.5 percent in April, according to the Central Bank of Nigeria. The...
Jaiz Bank Shareholders to Get First Dividend Next Year Barring any unforeseen contingencies, shareholders of Jaiz Bank Plc will receive their first-ever dividend from the bank...
60% of Nigerians Lack Access to Finance –NDIC Nigerians still do not have access to finance despite the proliferation of commercial banks in the country over...
GTBank Branches to Close Early on Friday Guaranty Trust Bank (GTBank) Plc, one of Nigerian leading financial institutions, announced its plan to close early on Friday,...
CBN to Embark on Another Recapitalisation Program In a move to reposition Nigerian banks among global counterparts, the Central Bank of Nigeria on Monday announced it...
Banks’ Capital Adequacy Ratio Rises to 15.60% The Capital Adequacy Ratio (CAR) of commercial banks improved from the 15.14 per cent it was as of February...
Nigeria Banking Outlook Stable, Says Moody’s Investors Global rating agency, Moody’s Investors is keeping its outlook on the Nigerian banking system stable to reflect its resilient...
Instant Bank Transfers Rise to N41.48tn in Five Months The value of transactions via the Nigeria Interbank Settlement System Instant payment system rose to N41.48tn in...