[Bailout] Release Funds To States, CBN Orders Banks
The Central Bank of Nigeria said on Wednesday that it had given approval to the request by the Deposit Money ...
Tag: Financial Services
News and analysis from Financial services sector such as banks, insurance and other non-financial institutions.
CBN, Court Approve Heritage, Enterprise Banks Merger
The Central Bank of Nigeria (CBN) has granted final approval for the merger of Heritage Bank and Enterprise Bank. Furthermore, ...
![[HOSTAGE] Nigerian Banks Have Idle $5billion They Can’t Sell](https://nairametrics.com/wp-content/uploads/2015/08/Nigerian-Banks-Nairametrics.png)
[HOSTAGE] Nigerian Banks Have Idle $5billion They Can’t Sell
Indications emerged, yesterday, that banks in the country are now in a dilemma on what to do with an estimated ...
[DEBTORS] See The Huge Amount Energy Companies Owe Banks
According to data produced by the Central Bank of Nigeria (CBN), energy companies in Nigeria owe commercial banks in the ...
This Analysis Suggest State’s Bailout, CBN Review of Bank Charges Is Positive For Banks
The Central Bank of Nigeria (CBN) this week posted a circular to the banks requesting them to provide a list of products ...
[ANALYSIS] Two Insurance Products Low Margin Nigerian Insurers Should Embrace
The insurance industry is undoubtedly part of the Nigerian financial sector given its classification in the last GDP re-basing exercise. That is ...
NSE Will Introduce Insurance Product For Dealing Members
The Board of Trustees of the Investors’ Protection Fund (IPF) of the Nigerian Stock Exchange (NSE) has announced plans to ...
![[Bankrupt Afren] The Nigerian Banks That Could Suffer $185m Loan Losses](https://nairametrics.com/wp-content/uploads/2015/08/Afren.jpg)
[Bankrupt Afren] The Nigerian Banks That Could Suffer $185m Loan Losses
The fallout from the global oil price collapse which has hit the balance sheet of most oil producers (both countries ...
CBN Bars Foreign Firms From Printing Cheques For Nigerian Banks
The Central Bank of Nigeria, CBN, has denied accreditation to foreign printers who hitherto printed cheque books for some Nigerian ...
NAICOM Says No Going Back On Deadline For Insurance Firms On Outstanding Claims
The Commissioner for Insurance, Alhaji Kari Muhammad, has said that NAICOM will not go back on the Sept 30 deadline ...
