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Nigerian banks

FEATURED Latest Money TOP STORIES 

Nigerian banks turn to ruthless strategies in market share race – FDC

May 10, 2021May 10, 2021 Markets Reporters 0 Comments Financial Derivatives Company, Nigerian banks

Amid growing competition from telecommunications and financial technology companies, some Nigerian commercial banks are adopting ruthless strategies to expand their

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FEATURED Latest Money TOP STORIES 

Nigerian banks make N401bn from fees, commissions in nine months

December 13, 2020December 13, 2020 Markets Reporters 0 Comments fee and commission income, NBS, Nigerian banks

Nigerian commercial banks raked in a total of N401.35 billion from fees and commissions charged customers from January to September

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Economics FEATURED Money TOP STORIES 

Bad loans in Nigerian banks drop despite COVID-19 crisis

December 12, 2020December 12, 2020 Markets Reporters 0 Comments Bad loans, COVID-19, Nigerian banks

The volume of non-performing loans in the banking sector fell by 3.50 percent to N1.17 trillion in the third quarter

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FEATURED Latest Money TOP STORIES 

Nigerian banks’ credit to economy hits N19.87tn in Q3

December 12, 2020December 12, 2020 Markets Reporters 0 Comments NBS, Nigerian banks

The total amount of loans advanced by Nigerian banks to the economy rose by 5.58 percent to N19.87 trillion in

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FEATURED Money TOP STORIES 

Seven Nigerian banks post N54bn rise in profit despite COVID-19

November 29, 2020November 29, 2020 Markets Reporters 0 Comments COVID-19 pandemic, Nigerian banks

FBN Holdings Plc and six other Nigerian banks saw their combined profit after tax increase by N54.02bn in the nine

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FEATURED Latest Money TOP STORIES 

Nigerian banks face asset quality, further devaluation threats – CSL

May 27, 2020May 27, 2020 Markets Reporters 0 Comments CSL Stockbrokers, naira devaluation, Nigerian banks

The current economic realities mean that Nigerian banks face asset quality and further devaluation threats, which may impact capital in

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Latest Money TOP STORIES 

Nigerian banks agree to suspend lay-offs

May 3, 2020May 4, 2020 Markets Reporters 0 Comments CBN, Lay-offs, Nigerian banks

Banks in Nigeria have agreed to suspend the retrenchment of workers in order to mitigate the negative impact of the

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