At no time in history has the global social and economic dynamics been so challenged like now. It is coming at a time of Nigeria’s transition from one government to another. The good thing is that the president-elect, Bola Ahmed Tinubu, is a man of excellence, who has been roundly acknowledged as a recruiter-in-chief. He…

Analysts at EFG Hermes Research have said that a pre/post-election friendlier business environment could drive more growth of return on equity (ROE) and credit. They said Nigerian banks’ earnings and ROE come under significant pressure at the end of 2019 owing to unorthodox policies of the Central Bank of Nigeria (CBN), as well as challenges…

There are indications that Nigerian banks are rapidly cutting back on office space in major cities as they shift administrative functions to high-tech operations.

A new report by Coronation Asset Management on Nigerian Banks titled ‘Nigerian Banks, Resilience Built In’ has shown that Nigerian banks’ earnings have been remarkably resilient over the interest rate cycle...

Just recently, the global consulting giant, KPMG, published its 13th edition of the year-on-year Banking Industry Customer Experience Survey; an impressive shift from its poplar “Customer Satisfaction Survey”

Cyber attacks targeted at the global banking system and high profile institutions are not imaginary, but real. The overall objective is to steal financial assets- cash or near-cash assets.

Majority of Nigerian banks and those of the other countries in the Sub-Saharan Africa have not had a “smooth ride” in their banking operations outside their home market. This was the outcome of the research by a team of experts at Renaissance Africa- Olamipo Ogunsanya; Yvonne Mhango; Phago Rakale; and Ilan Stermer, which described such…

The savings bond has a minimum subscription of N5,000 and a maximum of N50million at 13 per cent coupon rate. The benefit of this bond is that the interest income from the Savings Bond is tax-free.

But the Director of Banking and Payments System, CBN, as well as the Chairman, Nigeria Electronic Fraud Forum, ‘Dipo Fatokun, told The Guardian yesterday that hacking and cyber attack are ongoing challenges across the world against banks.

Specifically, while Fitch downgraded major banks from various credit rating levels in its latest rankings of financial institutions’ ability to attract and repay debts, eight got positive affirmation and upward reviews.

The term politically exposed persons (PEPs) originated in the Swiss banking community and has been relevant within this sphere for several decades due to the high profile of many Swiss banking clients.