By Dipo Olowookere The minimum interest rate to be paid by deposit money banks (DMBs) in Nigeria to their customers for deposits has been reviewed downward...
By Adedapo Adesanya A global rating agency, Moody’s, has warned that Nigerian banks will face a fresh round of foreign currency liquidity pressures due to current...
By Modupe Gbadeyanka A report recently released by the National Bureau of Statistics (NBS) has showed that the number of contract staff in the Nigerian banking...
By Dipo Olowookere A banking analyst with Lagos-based Chapel Hill Denham, Aderonke Akinsola, has disclosed that the present coronavirus pandemic could make banks in Nigeria struggle...
By United Capital Research Over 2018, fiscal and monetary authorities have made efforts (ranging from a shift to the international debt market to the persuasion of...
By Modupe Gbadeyanka Some shareholders of publicly quoted banks in Nigeria exposed to the $1.2 billion loan obtained by 9mobile, formerly Etisalat Nigeria, are beginning to...
By Dipo Olowookere The Central Bank of Nigeria (CBN) has been told to direct all Deposit Money Banks (DMBs) operating in the country to suspend the...
By Dipo Olowookere A new report released by Nigeria’s first credit rating and research agency, Agusto & Co., has placed Stanbic IBTC Bank Plc as the...
By Dipo Olowookere Errors are what people make sometimes unconsciously and at times, cannot be avoided. However, what is important is the step taken to remedy...
By Dipo Olowookere From Tuesday, October 2, 2018, banks operating in Nigeria will have to pay a fine of N10,000 each time it fails to reverse...