Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Financial Services 1 min
Bank of England to jettison mortgage affordability rule from August 1
By Zainab Iwayemi
Financial Services 1 min
World Bank says Nigeria’s central bank’s low-interest loans undermine commercial banks funding to certain sectors
By Ubah Jeremiah Ifeanyi
Financial Services 1 min
Mauritius Commercial Bank plans to open offices in Nigeria
By Ubah Jeremiah Ifeanyi
Financial Services 1 min
Afreximbank disburses $150 million to FirstBank to support businesses affected by covid-19 pandemic
By Ubah Jeremiah Ifeanyi

More Stories

Circulars

CBN increases minimum bid for Non-Interest Asset-Backed Securities from N1million to N100million

Financial Services

NDIC says Nigeria banking sector is immune to economic shock

Financial Services

Three Nigeria banks fined N13.5 million for default filings of financial statement for 2021/2022

Company News

Unity Bank targets N10.89 billion gross earnings in Q3 2022

Financial Services

Tier-1 Nigerian banks lose combined market value of N28 billion in one day

Financial Services

European Central Bank to raise intrest rates and end bond buying in July 2022

Financial Services

Nigerian banks increase interest rates on mortgage, personal, corporate loans by at least 2%

Corporate deals

Access Bank set to acquire Centum Investment’s 83.4% stake in Kenya’s Sidian Bank for $37 million

Financial Services

Nigerian banks pay N7.7 billion as audit fees to PwC, KPMG, EY others in 2021

Financial Services

Afreximbank supports Titan Trust Bank with $300million for acquisition of Union Bank