By Josiah Nkemakolam Nigeria’s banking sector is facing renewed pressure as rising borrowing costs, economic uncertainty, and the withdrawal of regulatory support measures push bad loans...
Nigerian banks’s non-performing loans (NPL) ratio rose to 5.3% in April 2022 from 4.84% held in February 2022, according to data from the Central Bank of...
BY EMEKA EJERE Banks in Nigeria are likely to see a surge in bad loan component of their balance sheet by the end the current financial...
OBINNA EZUGWU Nigeria’s apex bank, the Central Bank of Nigeria (CBN) in its global standing instruction (GSI) guidelines published on Monday, has decided that effective from...
By AYOOLA OLAOLUWA After early teething challenges that threatened to overwhelm it, the Development Bank of Nigeria (DBN) Plc seems to have overcome all obstacles on...
By ADEBAYO OBAJEMU Stakeholders of banks and some Capital market operators have condemned the N499 billion deductions from 12 banks trading funds by the Central Bank...
Mr Ahmed Kuru, the Managing Director of Asset Management Corporation of Nigeria (AMCON), says its financial intervention across sectors assisted to maintain economic stability and saved...
