With market liquidity opening at N167.26 billion last Friday, Nigeria’s interbank overnight lending rate jumped sharply to an average of 15 per cent from five per...
By ODUNEWU SEGUN WITH about 45% of Nigerian banks loan denominated in dollars, the recent devaluations of the naira may have increased liabilities for some banks...
By Odunewu Segun Despite assurances from the Central Bank of Nigeria that no commercial banks in the country is in distress following the takeover of Skye...
While maintaining that merchant and non-interest banks is expected to maintain a minimum Liquidity Ratio of 20 and 10 per cent, the Central Bank of Nigeria...
Heritage Bank is one of the youngest bank in the country with the fastest growing spread. ODUNEWU SEGUN takes a look at the bank’s development from...
In other to tackle unethical practices by banks in collaterals for loan applications, the Central Bank of Nigeria has mandated all banks and other financial institutions...
…announces Ahmad Chairman, Abiru CEO By Odunewu Segun The Central Bank of Nigeria has finally announced the takeover of the Board and Management of Skye Bank...
Demand immediate removal of Emefiele, CBN Governor Protest sack of Sky Bank MD, Directors The Iduwini Volunteer Force (IDF), a dreaded militant group in the Niger...
A total of 12,279 fraud cases were reported in 2015, representing an increase of 15.71 per cent over the 10,612 fraud cases reported in 2014. However,...
The naira has again dipped to 351 to the United States dollar at the parallel market and slightly to 282 at the new interbank market on...
