Nigerian Banks – Page 2 of 3 – Prime Business Africa

Bank Investors Earn N248.68 billion Amid Naira Scarcity Caused By CBN’s Policy

Top 5 Revenue-generating Nigerian Banks – Access, Zenith, UBA, FBN’s Market Share

The top five revenue-generating banks in the financial industry reported a combined N2.23 trillion turnover within the first nine months of 2022. According to the 2022 Nine-Month period financial statements of the

Fakoyejo Olalekan

1 year ago

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

Business

Zenith Bank, FCMB, Polaris Bank Set Different Closing Hours Over Presidential Election

Nigerian commercial banks are closing early on Friday due to the Presidential election scheduled to hold on Saturday, various statements have shown. The Deposits Money Banks (DMBs) sent electronic messages to their

Fakoyejo Olalekan

1 year ago

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

Victor Ezeja

1 year ago

Naira Scarcity: Zenith Bank's Profit Drops To N223.91bn, Faces N967bn Lawsuits

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,

Fakoyejo Olalekan

2 years ago

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

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

Fakoyejo Olalekan

2 years 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

Fakoyejo Olalekan

2 years ago

Finance Minister Likens Hardship Caused By Old Naira Deadline To Injury

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

Fakoyejo Olalekan

2 years ago

Amid Lawsuit, FG Removes 5% Excise Duty On Calls, Data

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

Fakoyejo Olalekan

2 years 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

Fakoyejo Olalekan

2 years 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

Fakoyejo Olalekan

2 years ago

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Nigerian Banks - Page 2

Top 5 Revenue-generating Nigerian Banks – Access, Zenith, UBA, FBN’s Market Share

Zenith Bank, FCMB, Polaris Bank Set Different Closing Hours Over Presidential Election

Top 10 African Banks – Why Nigerian Banks Are Missing

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

Wema Bank Emerges Best Performing Bank in Half year 2022

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

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

FG Wants Nigerian Banks To Prioritise Women In Need Of Loan

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

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