Browse Tag

Banks - Page 3

House Rent, Cost Of Goods To Rise, As Nigerian Banks Raise Loan Interest

Nigerian banks have began to implement the 13% interest rate to mortgage, corporate and personal loans, after the Central Bank of Nigeria (CBN) raised the percentage in May, by two percents, from 11.5%, to tame inflation. The raise is expected to make

June 9, 2022

Call CBN to arrest POS agents selling naira notes

Business·Opinion·Top Stories

POS Terminals: Fraud And Alerts

By Marcel Mbamalu The landscape of Nigeria’s financial institutions has, in recent times, witnessed interesting changes that simultaneously embrace and challenge technological advancements. Point of Sale (POS) technologies have become the most popular example of this shift in financial transaction patterns. What

March 14, 2022

News·Top Stories

UROMI ROBBERY UPDATE: Sacks of Cash Recovered As Youths Block Robbers

The timely intervention of Ubiaja youths helped in recovery of sacks of cash allegedly stolen in at least five banks in Uromi, headquarters of Esan North Local Government Area of Edo State on Friday. It was gathered that the dare-devil robbers had

February 26, 2022

Editorial·News

Double Whammy In NDIC, AMCON Travesty For Banks

If the Asset Management Corporation of Nigeria (AMCON) is a going concern and would continue to buy bad loans and bad banks, what then is the need for NDIC, given the overlapping roles of both institutions?

February 7, 2022

Nigerian Banks Rely More On Liquidity, As Borrowing From CBN Rises To N19.8trn

Business·Finance & Economy

Imports: Banks Rally Elite Customers For New Product Price Verification Mechanism

Banks are now sending out notices to potential import and export business customers for the first phase of the Central Bank of Nigeria (CBN) workshop on the new Product Price Verification Mechanism in Abuja. The workshop will hold on Thursday February 3,

February 1, 2022

News

Address Cash Crunch In Banks, Afe Babalola Urges FG

Founder of Afe Babalola University, Ado-Ekiti (ABUAD), Chief Afe Babalola has called on the Federal Government to address the scarcity of cash currently being experienced in the commercial banks across the country.

January 4, 2022

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1 2023

Finance & Economy

Banks Record N1.3tn Non-Performing Loans – CBN

Commercial Banks in Nigeria, according to the Central Bank of Nigeria, recorded non-performing loans of N1.3tn as of November which is still currently above the industry benchmark. Figures obtained from the CBN on Monday showed that the bad loans represented 5.4 per

December 14, 2021

Finance & Economy

Nigeria’s Top 5 Banks’ Earnings Rise Above N1.5trn, Profit Up By 39.4%

Despite the backdrop of the positive growth reported for the Nigerian economy in the second quarter 2021 amidst the adverse effect of the COVID-19 pandemic and the drop in Nigeria oil production, a few numbers of commercial banks have recorded impressive growth

November 24, 2021

Finance & Economy

Banks to stop accepting old £20, £50 notes Dec 31

Deposit Money Banks in Nigeria have disclosed that December 31, 2021 is the deadline for the acceptance of old £20 and £50 notes to enable proper conclusion of cash evacuation. Fidelity Bank Plc, in an email to its customers on Wednesday titled

November 4, 2021

Previous 1 2 3

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Banks - Page 3

House Rent, Cost Of Goods To Rise, As Nigerian Banks Raise Loan Interest

POS Terminals: Fraud And Alerts

UROMI ROBBERY UPDATE: Sacks of Cash Recovered As Youths Block Robbers

Double Whammy In NDIC, AMCON Travesty For Banks

Imports: Banks Rally Elite Customers For New Product Price Verification Mechanism

Address Cash Crunch In Banks, Afe Babalola Urges FG

Banks Record N1.3tn Non-Performing Loans – CBN

Nigeria’s Top 5 Banks’ Earnings Rise Above N1.5trn, Profit Up By 39.4%

Banks to stop accepting old £20, £50 notes Dec 31

Featured Stories

Wired for Disruption: How Modern Life Impacts Kids’ Brains

Reno, Sowore, and the Spirit of the Tinubu Era

Can any good come out of defection?

What manner of pastor is Yinka Yusuf?

Whatsapp Channel

Latest News

Nigeria Targets 8,500 MW Reliable Power Generation in 2026, Projects Underway Nationwide

Saudi-UAE Rift Exposed After Yemen Strikes, Triggering Regional Realignments

48 Judges Shortlisted for Elevation to Nigeria’s Court of Appeal

Lagos’ Brutal Blueprint: Development at What Cost?

Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

Nigeria Targets 8,500 MW Reliable Power Generation in 2026, Projects Underway Nationwide

Suggestions

Banks - Page 3

Featured Stories

Follow Us

Whatsapp Channel

Latest News