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Tag: Nigerian Banks
News and stories about Nigerian banks
Nigerian banks have written off N1.9 trillion impaired loans in past 4 years
The COVID-19 pandemic has presented a new threat to Nigerian banks.
Banks’ stakeholders express 4 main concerns bothering the sector right now
Banks are more concerned about the arbitrary nature and lack of understanding of the CRR debits.
Key new forecasts for Nigerian banks as they navigate COVID-19 pandemic
Nigerian banks are expected to experience a slowdown in 2020 due to the COVID-19 pandemic.
Quick Take: SWOT analysis of Nigeria’s financial sector according to Fitch Solutions
The Coronavirus pandemic is top on the list of factors weakening the Nigerian financial sector.
Fitch says Nigerian banks have a risk indicator of 12.14, explains why
The report shows that Nigeria's banking industry remains one of the most systematically fragile in the world.
World Bank says Nigerian banks are at risk of being destabilised by COVID-19
Capital erosion and a possible resurgence in banks' non-performing loans are just some of the risks.
CBN debits banks N216.1 billion for CRR compliance
Among the 26 banks affected by the latest debits are regular "victims".
Wema Bank reacts to reported cases of COVID-19 infections at its branches
Wema Bank insisted that not more than two positive cases were confirmed.
Here’s how much banks spent on advertising & marketing in Q1 2020
Nigerian banks, tend to spend more on advertising compared to companies in other sectors of the economy. And this usually ...
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