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Banking

Citibank, Rencap recommend strategic investors for disposal of bridge banks
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Citibank and Renaissance Capital (RenCap), the financial advisers appointed by...

CBN develops template on NSBP for banks
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The Central Bank of Nigeria (CBN) has developed a Draft...

Banks’ system credit to FG rise by 112.2%
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Banking system’s credit (net) to the Federal Government rose by...

CBN warns banks to patronise only accredited cheque printers
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The Central Bank of Nigeria (CBN) has warned all deposit...

UBA reports FY 2012 profit of N54.8bn
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United Bank for Africa (UBA) Plc has announced its audited...

CBN guarantees N100bn for farmers under new agric lending scheme
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The Nigeria Incentive Based Risk Sharing System for Agricultural Lending...

FBN Holdings maintains lower cost of risk…
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FBN Holdings plc maintained lower cost of risk charges in...

CBN says N64bn transacted so far on mobile banking
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The Central Bank of Nigeria (CBN) on Tuesday disclosed that...

CBN relaxes policy on banks’ funding of off-shore subsidiaries
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There are indications that the Central Bank of Nigeria (CBN)...

Lack of trust, operational issues hold back agent banking implementation
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HOPE MOSES-ASHIKE There are indications that lack of trust by...

Stakeholders advise CBN on polymer naira notes review
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Money market activities peaked in April with a decision by...

Banks’ loan-to-deposit ratio drops in 2012, lowest in four years
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Year end financials released by half of Nigeria’s money deposit...