Software security limitations cited as major reason for Covid-19 bank rush
"One of the challenges of working from home as a banker is that there are lots of softwares that we ...
Tag: Nigerian Banks
News and stories about Nigerian banks
Ratings firm explains why bank non-performing loans could be worse than expected
The coronavirus pandemic has forced a change in its outlook for non-performing loans.
Why this is the perfect time for banks and FinTechs to collaborate more
"In conclusion, corporate entities in the financial services space must begin to realign their business strategies to recognise the sweeping ...
Why shareholders of Nigerian banks should expect lesser dividend payouts in 2020
“Some companies (banks) have already begun to slash their CAPEX and will most likely cut dividend payouts in 2020.”
Bank Run: Customers besiege banks on first day of partial lifting of COVID-19 lockdown
Earlier this morning, GTBank issued a statement announcing that only 11 branches in Lagos would be open as the lockdown ...
Banks to witness low earnings over Coronavirus- Report
The Nigerian economy, which had hitherto been fragile, has been badly hit by the impact of the lockdown resulting from ...
What banks might do to avoid getting crushed by Oil & Gas Loans
Debts owed by the upstream oil and gas sector in Nigeria only represent about 19%-25% of banks' loan books, according ...
COVID-19 to weaken Nigerian banks’ assets in 2020- Report
The outbreak of the coronavirus disease has worsened the outlook for Nigeria’s hitherto fragile economy due to the pandemic.
COVID-19: Why banks would rather donate billions to FG than credit their customers’ accounts
Prior to when an Italian national brought in Nigeria’s first COVID-19 case in late February, many Nigerians perceived the contagious ...
New stress test reveals which banks are most prepared to withstand Covid-19
This article reviews the strength of Nigerian banks by checking for asset quality deterioration through reviewing their recent audited financial results.
