nigeria commercial banks news
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Business Fintech, Not a Threat as Commercial Banks Collect N25 trillion Customers’ Deposit – NaijaBizCom.Com
Despite the surge in activities of financial technology (fintech) companies that have continued to encroach on commercial banks’ businesses, 11 banks in the country raked in a total of N24.957 trillion as customer deposits as at the end of 2018. The amount represents an increase of 16 per cent...- Nigeria Business News
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Business Banks refuse to lend N60b SMEs fund, says Emefiele – The Nation Nigeria
Commercial banks are not lending over N60 billion five per cent contribution from their annual profits to the Small and Medium Enterprises (SMEs), Central Bank of Nigeria (CBN) Governor, Godwin Emefiele said yesterday. The contribution from the lenders followed CBN’s … Read more via The...- Nigeria Business News
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Business CBN lends banks N956b in three months – The Nation Nigeria
COMMERCIAL banks got N956.64 billion loans from the Central Bank of Nigeria (CBN) in three months to boost their liquidity positions and meet commitment to customers, the quarterly economic report released by the apex bank has shown. The report, for the third quarter showed that Standing...- Nigeria Business News
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