Nigerian banks

Nigerian banks are still largely reliant on income from other non-core banking functions to boost revenues and juice earnings, despite efforts by the Central Bank of Nigeria (CBN) to get…

Nigerian banks are finding out the hard way that the grass is not always greener on the other side as the country’s biggest banks are incurring billion-naira impairment costs from their…

In a bid to have more liquid assets to pay off current liabilities, the biggest banks in Nigeria have collectively reported a 28 percent increase in total cash and cash equivalents reported…

Commercial banks' borrowing from the Central Bank of Nigeria (CBN) surged by 204.71 percent in four months, signalling that they faced a liquidity squeeze in the period as the country's…

As banks have made more cash available to their customers following the directive from the Central Bank of Nigeria (CBN), Point of Sale (PoS) agents are complaining of low patronage. Some…