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Nigerian Banks

Reasons Nigeria Is Missing On List Of Top 10 African Banks
Business/Top Stories

Top 10 African Banks – Why Nigerian Banks Are Missing

Isn’t it surprising that Nigeria – the largest economy in Africa – is missing on the list of top 10 banks in Africa? Indeed, many have expressed shock over this reality. A

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by Victor Ezeja
1 month ago
Business

Zenith Bank, GTBank, Seven Others Risk Credit Downgrade Over Struggle With Forex

Zenith Bank Plc, Guaranty Trust Bank Limited (GTBank), First Bank of Nigeria (FBN) Limited and six other Nigerian banks have been listed for a possible downgrade in their credit ratings by Moody’s,

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by Fakoyejo Olalekan
3 months ago
Top 10 Nigerian Banks With Highest Customers’ Deposits
Business/FEATURES/Insights

GTCO, Zenith Bank, Seven Others Lose Revenue Market Share, As Industry Generates N3.14 trillion

Guaranty Trust Holding Company (GTCO), Zenith Bank and five other banks lost their revenue market share in the financial industry in the First Half (H1) of 2022, amid competition from Wema Bank

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by Fakoyejo Olalekan
4 months ago
Business

Wema Bank Emerges Best Performing Bank in Half year 2022

Nigeria’s most innovative bank, Wema Bank Plc, has emerged the best performing bank in the first half of year 2022 financial year with a weighted average score of of 2.83 points, beating

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by Fakoyejo Olalekan
4 months ago
Ahmed
Business

Risk Of Banks’ Failure High, Threatens Depositors’ Funds – Finance Min. Zainab Ahmed

Nigerian banks risk failing after increase in social-economic challenges across the world, the Minister of Finance, Budget, and National Planning, Zainab Ahmed, has disclosed. Ahmed, during the 2022 International Association of Deposit Insurers

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by Fakoyejo Olalekan
4 months ago
Four Nigerian Network Providers With Highest Subscriber Growth 2022
Business

Bank Customers Risk Losing Access To USSD Service, As Network Providers Threaten Banks

Customers of Nigerian banks risk losing access to the Unstructured Supplementary Service Data (USSD) of the firms, as MTN Nigeria, Airtel and other telecommunications company threaten to shut it down. Nigerian banks

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by Fakoyejo Olalekan
4 months ago
FG Struggling To Borrow, As Foreign Investors Prefer US, Germany, Others
Business

FG Wants Nigerian Banks To Prioritise Women In Need Of Loan

The Minister of state for industry, trade and investment, Maryam Katagum, has requested that Nigerian banks should prioritise women in their credit facility. Katagum urged the creditors to create gender desk that

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by Fakoyejo Olalekan
4 months ago
Business

How Tech Disruptions In Nigerian Banks Changed Auditing Processes – MD Nova Merchant Bank, Nath Ude

Managing Director of Nova Merchant Bank, Nath Ude, said technology and the pandemic-induced lockdowns have changed the work models of auditors in the financial sectors, and created a new normal that they

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by Fakoyejo Olalekan
7 months ago
Business/Finance & Economy/Insights

Ranking: Five Best Performing Tier-1 Nigerian Banks In Q1 2022

Customers’ deposits in the vault of Nigerian tier-1 financial institutions, First Bank, United Bank for Africa (UBA), Guaranty Trust Bank (GTBank), Access Bank and Zenith Bank rose to N31.58 trillion as at

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by Fakoyejo Olalekan
7 months ago
Business/Insights/Real Estate

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

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by Fakoyejo Olalekan
8 months ago
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