Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Economy 1 min
Cash outside banks hit 92% of currency in circulation in November 2023, higher than pre-Naira redesign level
By Sami Tunji
Financial Services 1 min
Further regulatory actions on Union Bank may trigger downgrade rating – Fitch 
By Sami Tunji
Exclusives 1 min
Rising impaired loans in Nigerian Banks: Fallout of Policy Changes 
By Idika Aja
Financial Services 1 min
363-day OMO bills oversubscribed by N157 billion 
By David Olujinmi

More Stories

Financial Services

CBN appoints new executive officials for Union, Keystone and Polaris Bank 

Financial Services

CBN sacks boards of Union Bank, Keystone Bank, and Polaris Bank

Equities

Nigerian Companies have issued N90.01 billion in Commercial Papers in 2024

Aviation

CBN disburses $61.6 million to foreign airline operators as part of FX backlog clearance 

Financial Services

Nigerian banks, fintechs set to launch cNGN stablecoin on February 27 

Equities

Nigerian companies raised N1.5 trillion through commercial papers in 2023

Financial Services

Bank charges drive high remittance costs in Nigeria, other SSA countries – Report

Financial Services

Best-performing banking Stocks in the NGX in 2023  

Economy

Rising cost of living pushes Nigerians to borrow N740 billion from banks in nine months 

Financial Services

NT-Bills enjoy massive investor confidence, oversubscribed by N970 billion in December