nigerian banks news

  1. Nigeria Business News

    Business CBN Releases Part of N499bn Credit Penalty to Banks – Thisdaylive

    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 – Get more: Nigeria Business News
  2. Nigeria Business News

    Business Crazy billing: 8 banks vie for N17.5bn meter loan deals – Newtelegraph

    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...
  3. Nigeria Business News

    Business Seemingly driven by fear, Nigerian banks have become everyone’s competition – Techpoint.Africa

    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...
  4. Nigeria Business News

    Business Contract staff rise to record high 46,235 across Nigerian Banks – Nairametrics

    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 –...
  5. Nigeria Business News

    Business Zenith, Access, GTB, FBN Battle For The Crown Of Nigerian Banking –

    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 …...
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    Business Banks target 35 million new customers in two years – The Guardian Nigeria Newspaper

    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...