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FINANCIAL SERVICES
News and analysis from Financial services sector such as banks, insurance and other non-financial institutions.
For most commercial banks in Nigeria, one metric keenly followed is the cost to income ratio. The cost to...
Last week, a Nairametrics reader sent us a letter from their bank informing them that their effective interest...
The Central Bank of Nigeria has revoked the licenses of all money transfer companies, except three, citing "the...
The Central Bank of Nigeria has instructed commercial banks to "immediately" write off loan the increase in foreign...
AXA Mansard Insurance Plc released its 2016 H1 results for the period ended June 30 2016 ; See below...
NEM Insurance Plc released its 2016 H1 results for the period ended June 30 2016 ; See below ...
The Nigeria Deposit Insurance Corporation (NDIC), has revealed that it is worried about the loan books of Commercial...
The Central Bank of Nigeria has issued a new circular on Friday announcing that it has given Bureau...
Nigerians Banks are at risk of losing about $3 billion in Loans to the power sector
Global Ratings Agency, Fitch during the week issued an update of the credit ratings for about 11 Nigerians...
Nigerian Stocks closed the week ended July 10 on a bearish note as the market closed -1.5%. The...
Nigeria’s banking sector is currently facing a crisis of confidence following the central bank’s decision to replace the...