Browsing: Nigerian Banks

Nigerian Banks Drive Intraday Momentum in Equities Market The Nigerian Exchange (NGX) is tracking higher sharply during the intraday trading…

Nigeria’s Banking Sector Stable, CBN Reassures Nigerians The Central Bank of Nigeria (CBN) has reassured the public, depositors, and stakeholders…

M&A Possibility Reduces as Nigerian Banks Progress Towards New Capital –Fitch Nigerian banks are making significant progress in raising core…

Interbank rates eased in the money market following a moderate inflow and signature bonus that boosted the balance in the financial system at the beginning of the week. The market also received N9.52 billion in FGN coupon payments.

Moody’s Ratings has revealed that deposit money banks hold unknown quantities of legacy exposures after the Central Bank of Nigeria’s (CBN) forbearance that was granted during COVID-19.

UPDATE: A growing number of Nigerian deposit money banks (DMBs) have started the process to end …

A stronger banking industry will emerge following the apex bank’s decision to relax its fist on managed foreign exchange

Banks’ Liquidity Position Improves, Rates Decline Following improved liquidity in the financial system, borrowing activities of the Nigerian deposit banks…

Nigerian Banks Battle Liquidity Pressures Deposit Money Banks (DMBs) persistent borrowings from the Central Bank of Nigeria’s (CBN) standing lending…

With uncertainties spreading across the markets, including large foreign currency depreciations, Nigerian banks…