**Banks May Lose Business to Fintech In recent times, there have been concerns raised about the status of midsized banks operating in Nigeria. Last month, Fitch...
By Dipo Olowookere Organisers of ‘Innovention’ Series, a platform established to examine the question of Africa’s development, hone in on opportunities for growth while focusing on...
By Dipo Olowookere The first trading day of the week started on a weaker note on Monday with the All Share Index (ASI) depreciating by 0.26...
By Dipo Olowookere The number of employees of banks operating in Nigeria involved in malpractices in the financial sector increased in 2017 to 320 from 231...
By Modupe Gbadeyanka Nigeria’s fastest growing retail bank, Diamond Bank Plc, has launched an Artificial Intelligence (AI) Chatbot called Ada. The lender is leveraging pioneering technology...
By Modupe Gbadeyanka At least nine banks operating in the country are battling with the risk of N300 billion decline in their interest income in the...
By Modupe Gbadeyanka The Nigerian Senate on Sunday disclosed that the N13.5 million paid monthly to members of the upper parliament was included in the National...
By Modupe Gbadeyanka A Central Bank of Nigeria (CBN) stress test has shown that only large banks will stay above the regulator’s capital adequacy ratio threshold...
By Modupe Gbadeyanka A Federal High Court sitting in Owerri, Imo State, has been urged by the Central Bank of Nigeria (CBN) not to make absolute...
By Dipo Olowookere Nigeria’s mutual fund the industry has added N84 billion to end with total assets worth N0.513 trillion as at March 2, 2018. This...
