Banking, Insurance and general financial services news
CBN reduces MPR from 12.5% to 11.5%
CBN to increase loans to agricultural sector to 10% of total bank credit
CBN allows banks to pay winnings, salaries for 7 banned betting & gaming companies
Banks lay-off 2,477 staff during lock-down
Non-Performing loans in Nigerian Banks rise to N1.21 trillion in H1 2020
Despite COVID-19, top Nigerian Banks declare N36.7 billion dividends
AFREXIMBANK disburses US$200 million to Zenith Bank
Foreign investment inflow into banking sector falls by 95% in Q2 2020
Active bank accounts in Nigeria surge to 111.5 million as COVID-19 drives account opening
CBN claims no immunity for Emefiele as it fires back at NESG
FUGAZ Banks revenue hits N1.57 trillion in H1, 2020