nigerian banks news

The Central Bank of Nigeria (CBN) has Released to some banks part of the N499,175,535,097 deducted from 12 banks as additional cash reserves after the affected banks failed to meet a target … Read more via Thisdaylive – https://ift.tt/2OT5DkK Get more: Nigeria Business News

Eight commercial banks in Nigeria have put their hats in the ring for N17.5 billion pre-paid meter supply loan deals. The loans, investigation by New Telegraph last weekend showed, cover meter supply for just one business unit in one of the 11 distribution companies in the country, Ikeja...

Over the years, a trend has seen Nigerian banks dabbling into nearly every sphere of endeavour from entertainment to media, education, tech, startups and even sports. Guarantee Trust Bank (GTB) owns the now popular Food and Drink Festival, Ndani TV, Habari.... Read more via Techpoint.Africa...

The latest data from the National Bureau of Statistics (NBS) reveals that Nigerian banks now have a total of 46, 235 contract staff members as at Q1 2019. This compares to 45,238 in Q4 2018 and 32,013 in the first quarter of 2018. The numbers: There has been … Read more via Nairametrics –...

Suddenly it is talk of consolidation all over again in the banking sector. The ongoing business combination between Access Bank Plc and Diamond Bank Plc is clearly firing change as the big four race to control the crown jewel of the Nigerian banking sector and heighten fierce competition in …...

The 80 per cent financial inclusion target by 2020 is still in the build up, as the banking industry has unveiled a new strategy to get 35 million new customers into the financial system in the next 28 months. With arrangements … Read more via The Guardian Nigeria Newspaper – Nigeria and...