Banking

Nigeria’s banking sector regulatory Capital Adequacy Ratio (CAR) is expected to rise to a base 17 percent from 15 percent, for Systemic Important Banks (SIBs), Renaissance Capital, an…

Nigerian banks' total lending to the private sector increased by 18.6 percent year/year to N34.51 trillion (USD83.1bn) in October 2021 from N29.09 trillion in the corresponding period…

Sterling Bank Plc, through its One Woman Proposition, has collaborated with the QSE Foundation to empower women in the Ikate Elegushi community of Lekki in Lagos State by providing them with…

Tunde Lemo, former Deputy Governor of the Central Bank of Nigeria (CBN) and Chairman of Titan Trust Bank has said that 3-year old Titan Trust Bank acquired the majority stake of the Union…

Stanbic IBTC Bank said since the issuance of regulatory directive for banks to maintain a minimum 65percent Loan to Deposit Ratio (LDR) and in line with its key strategic objective of…

Titan Trust Bank (TTB), Nigeria's newest national commercial bank, on Thursday acquired majority stake in Union Bank plc, one of Nigeria's oldest lenders, by accepting 89.39 percent of Union…

Nigeria’s naira/US$ exchange rate was relatively stable in the second half (H2) of 2021, driven by improved external reserves, according to a new report by FSDH Research. The issuance of…

Nigeria's Tier-2 banks maintained an average of _3.8 percent in Non-Performing ratios in the first half of 2021, lower than 5.0 percent regulatory threshold, according to he latest banking…

Wema Bank Plc in further demonstration of its commitment to supporting women entrepreneurs has revamped its 9percent loan offering for female SME owners. The revamped offer by Nigeria's…

First Bank of Nigeria has introduced its 2021 seasonal customer celebration initiative known as DecemberIssaVybe, which enables the Nigerian youth to achieve their dreams and also…