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 ...
Tag: banks
News and analysis about banks
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 ...
Do we still need the banks?
In the course of my work last month, I met a young lady in her mid-thirties who required my assistance ...
Bank credit to private sector increases by N1.29 trillion in Q1 2021
Total credit to the economy rose by N880.65 billion in the period under review, from N42.55 trillion as of December ...
Banks’ interest rates are high despite CBN’s LDR policy – Report
While the cost of funds to banks was declining, the lending rate to customers was on the rise, a signal ...
4 Nigerian banks that offer easy-to-get car loans
Owning a car is one of the exciting moments in a person’s life because you no longer have to struggle ...
How fraudsters fleece elderly Nigerians of their bank deposits
Fraudsters in connivance with some bankers are targeting mostly elderly customers to fleece them of their bank deposits.
EXCLUSIVE: Best performing banks in Nigeria judging by the numbers
Nairametrics analysed the best banks in Nigeria based on their performance in 2020.
How partnerships with telcos, fintechs and banks can support Nigeria’s cashless economy
Partnerships by stakeholders will accelerate financial inclusion and drive economic growth across multiple sectors.
Financial institutions generate N24.77 billion VAT in 2020, up by 44.4% Y-o-Y
Banks and other financial institutions generated on behalf of the government, a total sum of N24.77 billion as VAT in ...
