The most capitalized companies listed on the Nigerian Exchange (NGX 30) spent over N7.9 billion on Hotel and...
Nigerian banks spent less on travels in 2020 compared to 2019 due to the COVID-19 lockdown.
Data from four of the Tier 1 banks in Nigeria revealed that PwC and KPMG earned N3.17 billion as audit fees for the year ended December 2019.
Investors are advised to take advantage of the present low prices of banking stocks based on their 2019 financial results, and the dividend yield some of the tier-1 banks have declared.
GTBank, Access Bank, Zenith Bank, United Bank of Africa and First Bank (FUGAZ) gave N9.34 trillion loans to their customers in H1 2019.
Nigeria’s tier-one banks are competing with the fintechs, as they offer quick, easy and cheaper loans without collateral.
UBA, Zenith Bank and Access Bank led the pack of banks that dominated transactions in the T-Bills and FGN bonds in half year ended June 30, 2019.
In another desperate attempt to increase lending to the real sector, the Central Bank of Nigeria (CBN) came out with guidelines to mandate commercial banks to direct credit to real sectors of the economy particularly small and medium scale enterprises (SMEs).
Nigerian entrepreneur and philanthropist Tony Elumelu have shared what inspired him to start The Tony Elumelu Foundation
The Nigerian Stock Exchange (NSE) ended Wednesday’s trading session in negative territory. The All Share Index closed at 29,614.61 basis points, down 0.07%.
The Nigerian Stock Exchange ended Monday's trading session in negative territory. The All Share Index closed at 29,938.33...
The Nigerian Stock Exchange ended Friday's trading session in positive territory. The All Share Index closed at 30,046.70 basis points, up 0.06%.
