The Chartered Institute of Bankers of Nigeria (CIBN) and the association of bank CEOs have expressed deep concern over the growing trend of negative social media criticism and blackmail directed ...
Nigeria’s major deposit money banks have reported a staggering 141.75% Year-on-Year (YoY) rise in their interest income for the half-year period ending in June 2024 (H1’24). This surge is attributed ...
The introduction of a windfall tax on Nigerian banks has sparked a debate about fairness, economic equity, and the role of financial institutions in addressing socio-economic disparities. This tax, which ...
Nigerian banks experienced a significant reduction in financial fraud losses in the first quarter of 2024, with losses decreasing by 77.62% compared to the previous quarter. The Financial Institutions Training ...
According to data from the Central Bank of Nigeria (CBN), in March, Nigerian banks witnessed a substantial decrease in lending to both the private and public sectors, amounting to N23.99 ...
Recent dividend declarations by major Nigerian banks underscore a nuanced relationship between shareholder returns and the Central Bank of Nigeria's (CBN) capitalization directives. Despite the CBN's push for substantial capital ...
The Central Bank of Nigeria (CBN) has affirmed the soundness of the Nigerian banking sector, stating that the banks are in good health amidst macroeconomic challenges. The announcement coincides with ...
Major Nigerian banks listed on the Nigerian stock exchange have reported substantial interest income in the first nine months of 2023, driven by a significant increase in their aggregate loan ...
The 2022 Afrinvest Banking Sector Report has revealed that despite daunting economic challenges, commercial banks in the country recorded modest improvement in all regulatory indicators. The report, presented by Deputy ...
The thirteen Nigerian banks listed on the Nigeria Exchange earned N501.13 billion in profit after tax in the first six months of 2021, a 13.1% increase over the N443.17 billion ...
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