Financial Services
Banking, Insurance and general financial services news
Non-Performing loans in Nigerian Banks rise to N1.21 trillion in H1 2020
The Nigerian banking industry witnessed a 14% rise in NPLs) ending a 2-year trend of continued decline.
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Despite COVID-19, top Nigerian Banks declare N36.7 billion dividends
Five of the six top banks in the country, all declared half-year dividends out of profits earned in the first...
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AFREXIMBANK disburses US$200 million to Zenith Bank
The fund is designed to support and stabilize the foreign exchange resources of African countries.
Read moreDetails![[BOOM] Nigerian Foreign Reserves Drops To Lowest Since July](https://nairametrics.com/wp-content/uploads/2015/10/Pile-of-dollars.jpg)
Foreign investment inflow into banking sector falls by 95% in Q2 2020
The foreign inflow of capital into the banking sector fell to as low as $140 million in the second quarter...
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Active bank accounts in Nigeria surge to 111.5 million as COVID-19 drives account opening
NIBSS report reveals the number of active bank accounts surged by 14.41%.
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CBN claims no immunity for Emefiele as it fires back at NESG
Critics are now throwing the kitchen sink at the CBN Governor for actions they deem "unpopular".
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FUGAZ Banks revenue hits N1.57 trillion in H1, 2020
The revenue increase of these banks is attributable to a number of factors.
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Credit to households increases in Q2 2020 – CBN
Credit is expected to rise further in the Q3 2020.
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Exclusive: Best bank in Nigeria judging by the numbers
Using several well-known metrics, we track Banking sector performance.
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GT Bank to reveal new MD/CEO pick by October
He provided an update into the bank's succession plans at an investor earnings call session on Monday.
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