![Banks’ credit to businesses up N19.04trn in one year](https://cdn.businessday.ng/2022/03/nigerian-banks.jpg)
Banks’ credit to businesses up N19.04trn in one year
Banks’ credit to the private sector increased by N19.04 trillion in one year, despite the high cost of borrowing. Data...
Banks’ credit to the private sector increased by N19.04 trillion in one year, despite the high cost of borrowing. Data...
The earnings of four tier-2 banks surged by 156 percent in the first half of 2024 compared to a year...
The Senate last Wednesday considered the amendment of the 2023 Finance Act aimed at taxing foreign exchange proceeds realised by...
The Nigerian Senate has passed for a second reading a Bill seeking to amend the Finance Act, 2023 so it...
There is palpable anxiety in the banking industry over delays by the Securities and Exchange Commission (SEC) to approve the...
The Nigerian financial services sector, including commercial and merchant banks, have adjusted their lending rates in response to the rising...
The earnings of some of Nigeria’s biggest banks more than tripled in the first three months of 2024 as a...
The low asset base of Nigerian banks relative to peers makes a compelling case for a recapitalisation exercise, according to...
Nigeria’s banking sector is undergoing a significant transformation, with the Central Bank implementing bank recapitalisation to bolster stability and support...