Financial Services
Banking, Insurance and general financial services news
AFREXIMBANK disburses US$200 million to Zenith BankÂ
The fund is designed to support and stabilize the foreign exchange resources of African countries.Â
Read moreDetails![[BOOM] Nigerian Foreign Reserves Drops To Lowest Since July](https://nairametrics.com/wp-content/uploads/2015/10/Pile-of-dollars.jpg)
Foreign investment inflow into banking sector falls by 95% in Q2 2020
The foreign inflow of capital into the banking sector fell to as low as $140 million in the second quarter...
Read moreDetails
Active bank accounts in Nigeria surge to 111.5 million as COVID-19 drives account opening
NIBSS report reveals the number of active bank accounts surged by 14.41%.
Read moreDetails
CBN claims no immunity for Emefiele as it fires back at NESG
Critics are now throwing the kitchen sink at the CBN Governor for actions they deem "unpopular".
Read moreDetails
FUGAZ Banks revenue hits N1.57 trillion in H1, 2020
The revenue increase of these banks is attributable to a number of factors.
Read moreDetails
Credit to households increases in Q2 2020 – CBN
Credit is expected to rise further in the Q3 2020.
Read moreDetails
Exclusive: Best bank in Nigeria judging by the numbersÂ
Using several well-known metrics, we track Banking sector performance.
Read moreDetails
GT Bank to reveal new MD/CEO pick by October
He provided an update into the bank's succession plans at an investor earnings call session on Monday.
Read moreDetails
FUGAZ Banks suffer N1.9 trillion in CRR Debits in Q2
In total, the CBN now holds a total of N6.57 trillion in CRR debits from the nation's top 5 banks
Read moreDetails
CBN reviews minimum interest rates on savings deposit to 1.25%
With inflation rate at 12.8%, this is almost like paying banks to keep the money for you.
Read moreDetails
