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FINANCIAL SERVICES

News and analysis from Financial services sector such as banks, insurance and other non-financial institutions.

The naira gained on the parallel market on Monday, after Nigeria's commercial banks stopped accepting cash deposits in...
President Muhammadu Buhari, has approved the appointment of  Mohammed Kari as the new Commissioner for Insurance and Chief...
July has come and gone and investors are still trying to figure out what exactly happened. For those...
As Nigerian growth and consumer confidence slows evidenced by the continued slump in oil prices, falling naira, rising...
Three commercial banks, namely GT Bank Plc, Fidelity Bank Plc and Diamond Bank Plc, have been suspended by the...
Three banks are being probed by the presidency for short-changing the Federal Government in the management of the...
A total of 51 primary mortgage banks (PMBs) failed to meet up with the recapitalisation stipulated by the...
Greece has begun to repay the 6.25 billion euros ($6.8 billion) it owes to the European Central Bank...
The Lagos Chamber of Commerce and Industry (LCCI) has charged the Central Bank of Nigeria (CBN) to go...
Nigerian banks have lost a total of N199 billion to e-fraud between 2,000 and 2014, mostly due to...
The Nigerian Deposit Insurance Corporation (NDIC) has faulted poor governance culture and risk control practices of some financial...
 A cumulative amount of N26.75bn has been recovered from debtors of liquidated banks, the latest statistics obtained from...