Here are events that shaped banking sector in 2023
The Nigerian banking and financial sector was marked by a blend of economic shifts, regulatory changes, and technological advancements in...
- Monday, June 22, 2026
BusinessDay
The Nigerian banking and financial sector was marked by a blend of economic shifts, regulatory changes, and technological advancements in...
The Small and Medium Enterprises (SMEs) have been asked to approach the First Bank of Nigeria for a solution to...
The average naira/dollar exchange rate at the Nigerian Autonomous Foreign Exchange Market (NAFEM), depreciated by 49.60 percent in three months,...
The naira fell against the US currency at the official foreign exchange (FX) market despite an increase in dollar supply...
Naira appreciated further against the US currency at the official foreign exchange (FX) market, despite an 18.90 percent drop in...
Naira recorded marginal gains against the US currency following a significant increase in dollar liquidity at the official foreign exchange...
The Nigerian banking industry’s average net liquidity decreased to N300.68 billion in August 2023, from N562.04 billion in the preceding...
The latest data from the Nigerian Bureau of Statistics (NBS) showed that the Nigerian population growth rate was 2.5 percent,...
LAPO Microfinance Bank Limited, a leading microfinance institution in Africa, has disbursed a cumulative of N1.4 trillion micro credits to...
A combination of insider abuse in banks and hoarding by customers has been identified as the cause of the scarcity...