Nigerian banks are expected to experience a slowdown in 2020 due to the COVID-19 pandemic.
Read moreAccess Bank apologised to its customers and said it will bear the cost of the stamp duty.
Read moreThe Coronavirus pandemic is top on the list of factors weakening the Nigerian financial sector.
Read moreThe report shows that Nigeria's banking industry remains one of the most systematically fragile in the world.
Read moreCapital erosion and a possible resurgence in banks' non-performing loans are just some of the risks.
Read moreManufacturing and general commerce sectors constitute the bulk of the restructured facilities.
Read moreIn Nigeria, deposit money banks are required to keep 65% loan to deposit ratio.
Read moreFRC engaged all regulators of sectors for the purpose of developing sectoral guidelines of corporate governance.
Read moreThe Bank has a very strong financial risk profile, capital adequacy, liquidity, extraordinary shareholder support.
Read moreThe charges accrued between February 1st and April 30th, due to ommissions by the tier-1 bank.
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