Financial Services
Banking, Insurance and general financial services news
Bank borrowings from CBN skyrocketed to N2.3trillon in April, a whopping 727% jump
Nigerian banks borrowings from the CBN Standing Lending Facility (SLF) skyrocketed (YoY) by 737% to N2.3 trillion in April 2021...
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Fitch Ratings affirms Access Bank’s IDR at ‘B’, says Outlook is Stable
Fitch Ratings has affirmed Access Bank Plc's Long-Term Issuer Default Rating (IDR) at 'B' and Viability Rating (VR) at 'B'....
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EXCLUSIVE: Best performing banks in Nigeria judging by the numbers
Nairametrics tracks the public information of listed banks on the NSE. We analyze them based on popular metrics to determine...
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Investing in innovative technologies aid customers satisfaction in insurance – AIICO boss
Investing in innovative technologies aid easy distribution of products and services in the insurance sector. This was disclosed by the...
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First Bank withstands the test of time, constantly reinvents itself
Being woven into the fabric of society for over 127 years means that FirstBank remains at the forefront of providing...
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Investors in FUGAZ stocks gain N12.78 billion during the week
The market capitalization of the top five banks referred to as the Tier-1 banks increased to N2.42 trillion at the...
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CBN’s MPC holds MPR at 11.5%, maintains all other parameters
The Monetary Policy Committee of the Central Bank of Nigeria has voted to retain the benchmark interest rate at 11.5%,...
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How Fidelity Bank is driving digital financial inclusion in Nigeria with impressive half year 2021 result
According to a report released by Enhancing Financial Innovation & Access (EFInA) earlier in June this year, about 38 million...
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Access Bank’s oversubscribed $500 million bond may help strengthen exchange rate
Access Bank Plc has successfully launched a $500 million Unsecured Eurobond, as part of its Global Medium-Term Note Programme. The...
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Access Bank successfully launches $500 million Senior Unsecured Eurobond
Access Bank Plc has announced the successful launching of a $500 million 144A/RegS Senior Unsecured Eurobond, as part of its...
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