EFCC Reports that 70% of Financial Crimes in Nigeria are Perpetrated by Banks
The Economic and Financial Crimes Commission (EFCC) says banks were involved in about 70 per...
Nigerian Banks
Nigerian Banks Drive N3.95 trillion Increase in Investor Wealth During the first 7 months of the Year
…UBA biggest gainer since June 2023 Since June 1, 2023 the country’s largest banks have...
Banks’ Q3 Impairment Charges Highest Since 2016 on Naira Devaluation
Soaring impairment charges on financial assets by the largest listed banks in 2023 brings dark...
Nigerian Banks to Undergo New Recapitalisation Exercise – Cardoso
Nigeria’s central bank has urged lenders to recapitalise their balance sheets in the face of...
Nigerian Banks Earn Massive as Loan Book Jumps by N8.5trn in Nine Months
Major Nigerian banks on the Nigerian stock exchange reported bumper interest income in the first...
Banks Earn N1.36trn Income From Investment Securities on Higher Rates
There has been a surge in investment securities such as government bonds or treasury bonds...
Banks Income from Treasury Bills Hit N798.37bn on Rising Rates
Nigeria’s largest banks are enjoying juicy yields presented on a platter of Gold by a...
ISSAN Caution Banks, Other Financial Institutions on Rising Cyber Attacks
The Information Security Society of Africa – Nigeria (ISSAN), a not-for-profit organization dedicated to the protection...
Nigerian Bank To Sell Utility To Recoup $122 Million of Debt
…Lender to slow loan growth because of rising risk of default …Bank made 17.3 billion...
Banks, Institutions To Close Early Ahead Of Election
Ahead of Saturday’s general election, and amidst the cash crunch in the country, some commercial...
