BANKS

A Nigerian lecturer in the United Kingdom and founder of a social enterprise, Proud To Be Me, Lola Owolabi, speaks with BABATUNDE…
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Seven banks paid N392.53bn as tax in the first half of 2024, according to an analysis of their second-quarter financial reports for the…
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The value of foreign exchange turnover via the Nigerian Autonomous Foreign Exchange Market increased to N15.74tn ($9.90bn) in August…
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The ongoing recapitalisation by banks is squeezing out manufacturers and other small businesses as they endeavour to raise fresh funds,…
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Fitch Ratings has downgraded Union Bank of Nigeria Plc’s Long-Term Issuer Default Ratings (IDR) to ‘CCC’ from ‘B-’ and its National Long-Term Rating to ‘B+(nga)’ from ‘BBB(nga). The…
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No fewer than 151 commercial banks, microfinance institutions, among others, have submitted the Expression of Interest (EOI) for credit disbursement from  Nigeria Consumer Credit…
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The Central Bank of Nigeria (CBN) has successfully auctioned $876.26 million to 26 deposit money banks (DMBs) in the latest Retail Dutch Auction System (RDAS) held on Tuesday, August 6,…
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Amidst tight security, the #EndBadGovernance protesters defied the early morning rains and took to the streets of Uyo, the Akwa Ibom State capital, armed with placards of varying…
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Major markets in Kano State were completely deserted following the ongoing #Endbadgovernance protest in the state. Commercial and business activities were put to a halt as banks,…
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A widespread global outage has forced a diverse range of businesses to go dark, including banks, airlines, telecom providers, broadcast…
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