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Banks - Page 3

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

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Banks - Page 3

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

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Banks - Page 3

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