Tag
FINANCIAL SERVICES
News and analysis from Financial services sector such as banks, insurance and other non-financial institutions.
A recent report from the Punch Newspaper claims commercial banks of charging stamp duty on bank deposits. According...
The year 2016 hasn't been a good year for the airline industry in Nigeria. Most of them are...
The central bank’s plans to clear the backlog of matured outstanding dollar obligation to select sectors of the...
The real reason Lagos based tomato paste manufacturer, Erisco Foods Limited, is in a quagmire is simply because...
There is a lot one can do with forex these days, especially when you consider how scarce it...
Commercial Banks in Nigeria still charge the N50 stamp duty despite a court ruling that confirms it is...
The Central Bank has revealed that it will soon be conducting a risk assessment on Nigerian Banks. This...
The Central Bank of Nigeria keeps a record of foreign currency deposits held by commercial banks on behalf...
Deposit Money Banks (DMBs) in Nigeria collect deposit from the customers and from the deposits they issue loans to...
The third quarter GDP report released by the National Bureau of Statistics showed Nigeria's financial sector reported a...
They remain on their own
Rating agency Fitch has issued its latest ratings Nigerian Banks. Fitch reduced the Support Rating Floors of 10...