[Reports] CBN Mulling New Round Of Fines For Banks Due to Non-Remittance Of Export Proceeds
Reports reaching Nairametrics suggests that the CBN could be mulling another round of fines for banks that failed to remit ...
Tag: Financial Services
News and analysis from Financial services sector such as banks, insurance and other non-financial institutions.
![[Corporate Action] Law Union & Rock Insurance Records 217% Rise In Profits In Q3’2015](https://nairametrics.com/wp-content/uploads/2015/11/Law-Union-Rock-Insurance-Plc.jpg)
[Corporate Action] Law Union & Rock Insurance Records 217% Rise In Profits In Q3’2015
Law Union & Rock Insurance released its Q3'2015 financial results. The result showed that Gross Premium dropped by 9% from ...
Rising Loan Losses Threaten The Existence Of Nigerian Banks
Spiraling loan loss provisions could jeopardize future growth in profit for Nigerian lenders as the bad loans pile in. The ...
![[Corporate Action] Niger Insurance Posts 127% Rise In PAT to N518 million In Q2’2015](https://nairametrics.com/wp-content/uploads/2015/11/profit-rise.jpg)
[Corporate Action] Niger Insurance Posts 127% Rise In PAT to N518 million In Q2’2015
Niger Insurance Plc released its financial results for Q1 and Q2 2015 respectively. The Q1'2015 result showed Profit after tax ...
BVN: CBN Extends Enrolment For Bank Customers In Diaspora
The Central Bank of Nigeria (CBN) has extended the timeline for Nigerian bank customers in the Diaspora to enroll for ...
The CBN Is Trying To Push Banks To Lend, But They Are Not Budging
The CBN has effectively entered a quantitative easing cycle to prop up an economy is at risk of further decline. ...
Is The Market Warning Investors About Nigerian Banks?
Nigerian Banks have in the past two weeks been releasing their third quarter results and as one has come to ...
![[Corporate Action] Continental Re-insurance Posts 13% Rise In PAT to N1.5 billion In Q3’2015](https://nairametrics.com/wp-content/uploads/2015/11/C-Re.jpg)
[Corporate Action] Continental Re-insurance Posts 13% Rise In PAT to N1.5 billion In Q3’2015
Continental Re-insurance released its financial results for the nine months ended 30 September 2015. The result showed that Gross Premium ...
Is The Market Warning Investors About Nigerian Banks?
Nigerian Banks have in the past two weeks been releasing their third quarter results and as one has come to ...
[Devaluation] Read Emefiele’s Reply To Emir Sanusi
The Central Bank of Nigeria (CBN) will not devalue the naira again. The Governor of the bank, Godwin Emefiele, said ...
