Browsing: Bankers committee

The bankers’ committee will, in 2022, be focusing on supporting the Central Bank and the government

Analysts have projected a strong participation at the Central Bank of Nigeria

Nigerian banks stage 3 loans or credit impaired assets is projected to rise to 7% in 2020 from 6.4% in 2019.

The outbreak of covid-19 has forced Nigerian banks to invest heavily in digital

Fitch Ratings has hinted that financial institutions are exposed to long-lasting economic scars

The Central Bank of Nigeria (CBN) has approved the release of excess above minimum

Indicative of the apex bank continuous dovish stance on interest rate, lending rate plunged in October

For the next five years, the private sector-led Coalition against COVID (CA-COVID)

CBN Moves against Non-Repatriation of Exporters’ FX Proceeds. The Central Bank of Nigeria (CBN) has directed all banks in the country to submit the names, addresses and Bank Verification Numbers (BVN) of exporters that have defaulted in repatriating their exports proceeds for further action.

Expected credit loss amid aftermath of the coronavirus outbreak. At transition date in 2018, Deloitte Nigeria in one of its reports faulted application of the International Financial Reporting Standard 9 by the Nigerian Banks.