Audit, law, consulting, other firms earn N87 billion from banks in 9m 2023
An analysis by Nairametrics Research has revealed that twelve publicly listed commercial banks paid over N87.1 billion to audit, consulting ...
Tag: banks
News and analysis about banks
Shareholders in Tier-1 Banks record N1.3 trillion gain in nine months
Shareholders in tier 1 banks recorded a combined gain of N1.296 trillion during the first nine months of 2023.
Recharge cards business fizzling as fintechs, banks take control
The impact of airtime top-up services offered by banks and fintech companies on recharge card sellers has been felt for ...
CBN to mop up liquidity from Banks by Thursday
The decision was taken to help combat inflation
Emefiele boasts, “eNaira is a disadvantage to banks”
Emefiele let everyone know that the eNaira is almost "costless" when compared to bank apps.
Nigerian banks pay N163.58 billion as salaries in Q1 2022
Nigerian commercial banks paid a sum of N163.58 billion as personnel expenses in the first quarter of 2022.
Exclusive: Best performing banks in Nigeria judging by the numbers – Q1 2022
The Nigerian banking sector recorded impressive growth in the first quarter of the year, printing a 23.24% year-on-year increase in ...
Tsunami: Bank stocks fall amidst interest rate hike
10 Nigerian Bank stocks depreciated in value at the close of trading as investors' craving for fixed income securities widen.
Why investing in consumer goods was better than investing in banks in 2021
The Consumer Goods sector had a stellar performance in 2021 as its index grew by 2.78% from 573.35 basis points ...
NDIC boss advocates for more rigorous regulation in Nigeria’s banking sector
The Nigerian Deposit Insurance Corporation (NDIC) has stated that the banking sector requires a more rigorous regulation. This was disclosed ...
