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Total banking sector NPLS declined to 6% in Q4 2020 reflecting CBN’s efforts for loan book restructuring
Charles Abuede   Despite the impact of the coronavirus pandemic…
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Declining interest income cost GTBank N6.7bn decline in gross earnings during Q1 2021
Bank’s E-business segment stands as the best performer despite CBN’s…
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Access Bank to buy African Banking Corporation of Botswana for cash
Wale Ameen Online Editor   Leading Nigerian lender, Access Bank…
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Volume of mobile transactions in Nigeria surged 82.6% y/y to 1.7bn in 2020, report shows
Charles Abuede   A recent report obtained from the Nigerian…
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Fidelity Bank Plc records 6.2% decline in profit, posts N26.65bn for FY’ 20 due to pandemic induced stress
Gross earnings fell 5.4% y/y to N206.2bn; Proposes 0:22k in…
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Banks to begin accepting new cheque books by April 1st
Arakunle Kayode   All Deposit Money Banks will from Thursday…
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GTBank in acquisition talks with Kenyan lender in continent-wide expansion drive
Awaits regulatory approval to transition into financial HoldCo by H1…
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Inactive PoS machine reaches 140,000 on the back of N50 stamp duties
Zainab Iwayemi   In recent times, the Point of Sale…
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Nigerians free to trade, use cryptocurrency – CBN
Wale Ameen   Nigeria's apex bank, the Central Bank of…
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E-bills payment swells by 8.57% in February despite dip in volume
Zainab Iwayemi   Data obtained from the Nigeria Interbank Settlement…
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