Banking

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  NDIC to cover non-interest banks’ deposit liabilities

  The Nigeria Deposit Insurance Corporation said it had found it necessary to develop a...

  • Posted January 14, 2016
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  Customers besiege banks to deposit dollars

  Following the directive by the Central Bank of Nigeria (CBN) lifting the restriction on...

  • Posted January 14, 2016
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  Banks’ $5bn swap positions to further depress external reserves

  Nigeria’s shrinking external reserves are expected to decline further due to the settlement of...

  • Posted January 14, 2016
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  CBN lifts ban on dollar deposits, stops forex sales to BDCs

  After months of mounting pressure from economic analysts, small businesses, manufacturing concerns, the International...

  • Posted January 13, 2016
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  We are still weighing options on forex – Emefiele

  As pressure continues to mount on the Central Bank of Nigeria (CBN) to reverse...

  • Posted January 11, 2016
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  Banks to intensify competition for retail deposits

  Competition for retail deposits is expected to be intensified across the banking industry this...

  • Posted January 10, 2016
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  11 banking stocks decline as index improves

  Skye Bank Plc, Unity Bank Plc, FCMB Group Plc and Access Bank Plc topped...

  • Posted January 9, 2016
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  CBN’s forex policy gets backing

  President Muhammadu Buhari and two leading Nigerian economists have endorsed the Central Bank of...

  • Posted January 7, 2016
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  Total COT eradication to weigh on banks’ non-interest income

  The complete phase-out of commission on turnover (COT) from the Nigerian banking industry, which...

  • Posted January 7, 2016
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  UBA unveils mobile banking platform

  The United Bank for Africa (UBA) Plc has unveiled the new U-Mobile, a more...

  • Posted January 2, 2016
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