The financial approach used by Nigeria’s oil companies against lower oil prices will affect their chances of making it through.
The Nigerian banking industry witnessed a significant 41% decline in non-performing loans (NPLs) last year, the NBS has disclosed.
The crash in crude oil prices globally and the coronavirus pandemic appear to have negative effects on the Nigerian banking industry.
CBN released an exposure draft guideline for the regulation and supervision of microfinance banks in Nigeria following a review of the 2012 guidelines.
GTBank has released its audited financial results for the year ended December 31, 2019, to the Nigerian and London Stock Exchanges.