Financial Services
Banking, Insurance and general financial services news
AfDB’s top rating with stable outlook affirmed by Japanese agency
The African Development Bank's (AfDB) long-term rating has been affirmed at AAA with a stable outlook by the Japan Credit...
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Investors in FUGAZ stocks gain N11.51 billion during the week
The market capitalization of the top five banks, referred to as the Tier-1 banks increased to N2.44 trillion at the...
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Does Nigeria really need CBN’s e-Naira?
The Central Bank of Nigeria (CBN) has stated that it plans to launch the pilot scheme of its Central Bank...
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CBN delaying release of UBA, GTB, Stanbic IBTC, Fidelity Bank results
Regulatory approvals by the Central Bank of Nigeria have left investors with no choice but to wait for weeks to...
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Zenith Bank reports N40 billion in Oil and Gas loans are not performing
Zenith Bank disclosed in its half year investment presentation that 29.9% of its non-performing loans are oil and gas-related loans.
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CBN appoints 8 new directors
The Central Bank of Nigeria has appointed eight new directors. This was disclosed In a statement titled ‘CBN names Nwanisobi,...
Read moreCBN set to launch digital currency, appoints technical partner for project
The Central Bank of Nigeria (CBN) has intensified its efforts towards the introduction of a digital currency as it has...
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CBN directs banks to publish names of foreign exchange defaulters
All commercial banks have been ordered by the Central Bank of Nigeria (CBN) to publish on their websites, the names...
Read moreFUGAZ stocks investors lose N7.61 billion during the week
The market capitalization of the top five banks, referred to as the Tier-1 banks decreased to N2.43 trillion as of...
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Technology is changing the banking system – CIBN
The Chartered Institute of Bankers of Nigeria (CIBN), Lagos State chapter has stated that new technology trends will reshape the...
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