EFG Hermes anticipates Nigeria's leading banks' earnings in 2021 will remain under pressure in the near term.
Banking sector credit grew to N25.02 trillion as at December 2020.
Union Bank has rejected claims that its majority shareholder, Atlas Mara is considering selling its 50% stake.
Ecobank Nigeria has secured a N50 billion, 10-year bilateral subordinated loan.
Niger Insurance Plc has announced plans to restructure its insurance business into distinct but mutually dependent business entities.
The CN has announced plans to discontinue the use of old cheque books with effect from March 31, 2021.
Meristem Securities has argued that interest rates will remain low until, at least, the end of H1 2021.
CBN has issued a framework that would guide Quick response (QR) code payments in Nigeria.
CBN has issued a regulatory Sandbox framework towards engaging with the operators in the Fintech space.
The Bank crashed its interest rate to one of the lowest in Nigeria’s lending space.