Banks are the most ideal place to keep your money, the Managing Director of the Nigeria Deposit Insurance Corporation, Bello Hassan, assured Nigerians. He said this...
The National Youth Council of Nigeria (NYCN), Nasarawa State chapter, has called on commercial banks to improve their electronic banking service to ameliorate the hardships occasioned...
The rating agency, Moody’s Investors Service, on Thursday stated that Nigerian banks may not defer the repayment of foreign loans due to the foreign exchange scarcity...
Deposit Money Banks in Nigeria sacked a total of 1,936 workers in 2021, the latest report from the National Bureau of Statistics has revealed. The affected...
The scarcity of foreign exchange in Nigeria and the adoption of holding company structure by some listed lenders have been attributed to the underperformance of the...
Loans obtained by Information, Communication and Technology firms from banks in Nigeria, have risen steadily, month on month from N952.06bn in January 2022 to N982.87bn in...
ThriveAgric, a fast-growing technology-driven agricultural company, has raised $56.4M in debt funding from local commercial banks and institutional investors. The raise also included a co-investment grant...
The Nigerian Deposit Insurance Corporation(NDIC) says it will pay depositors whose monies are trapped in 23 distressed banks. Bello Hassan, the corporation’s managing director, made this...
The Executive Secretary, Financial Reporting Council of Nigeria, Ambassador Shuaibu Ahmed, has disclosed that the Council has commenced the review of the financial statements of the...
The average loan-to-deposit ratio of the Nigerian banking industry is still below the 65% regulatory benchmark set by the Central Bank of Nigeria (CBN). The data...
