Banking, Insurance and general financial services news
NAICOM revokes operational licenses of Niger Insurance, Standard Alliance Insurance
Bank of England to jettison mortgage affordability rule from August 1
World Bank says Nigeria’s central bank’s low-interest loans undermine commercial banks funding to certain sectors
Mauritius Commercial Bank plans to open offices in Nigeria
Afreximbank disburses $150 million to FirstBank to support businesses affected by covid-19 pandemic
CBN increases minimum bid for Non-Interest Asset-Backed Securities from N1million to N100million
NDIC says Nigeria banking sector is immune to economic shock
Three Nigeria banks fined N13.5 million for default filings of financial statement for 2021/2022
Unity Bank targets N10.89 billion gross earnings in Q3 2022
Tier-1 Nigerian banks lose combined market value of N28 billion in one day
European Central Bank to raise intrest rates and end bond buying in July 2022