There is need to entrench professionalism in foreign exchange trading and investment in Nigeria, Mr Roberto d’Ambrosio, Chief Executive Officer, Alpari Research and Analysis, London, has suggested....
FirstBank of Nigeria Limited has attributed its success story to innovations and reinvention of products and services aimed at satisfying customers needs and aspirations. Dr Adesola...
By OKEY ONYENWEAKU As rumours swirl of Access bank making another strategic move, financial analysts are betting on heavy odds that the enterprising lender is set...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Thursday maintained the Monetary Policy Rate ( MPR) (benchmark interest) at 14 per cent,...
By TESLIM SHITTA-BEY Nigeria’s top tier 1 banks are still in fine shape despite growing pressure on their net interest incomes and a pummeling of local...
Nigeria Deposit Insurance Corporation (NDIC) said it has recovered total sum of N28.48 billion from debtors of Deposit Money Banks (DMBs) in-liquidation as at December 31,...
The Central Bank of Nigeria (CBN) has warned that electronic fraud losses in the banking system would reach N6.1 trillion by 2021. Mr Sunday Salam-Alada, Director,...
The Naira devalued by N0.40 against the U.S. Dollar at the parallel market, trading $/N361.90 on Tuesday, compared to $/N361.50 it exchanged the previous day. The...
By TESLIM SHITTA-BEY A rough-and-ready stress test conducted by Nigeria’s central bank (CBN) showed that at least three out of 23 deposit taking banks in the...
