Tuesday, 6th June 2023
<To guardian.ng

Nigerian banks

15 Apr
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…
23 Dec
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…
8 Nov 2021
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.
6 Jul 2021
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...
25 Feb 2020
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”
5 Feb 2020
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.
16 Feb 2018
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…
1 Aug 2017
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.
8 Apr 2017
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.
14 Jul 2016
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.
11 May 2016
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.


6 mins ago
The speaker of Nigeria’s House of Representatives, Femi Gbajabiamila says that the Federal Government will continue to dialogue with the labour leaders on the implementation of the agreed terms.
40 mins ago
The Economic and Financial Crimes Commission, (EFCC) will appeal the judgment of the Federal High Court Abuja, which today acquitted a former Head of the Civil Service of the Federation, HoS, Mr Stephen Oronsaye of the N2bn money laundering charge brought against him and others by the Commission. In dismissing the charge, Justice Inyang Ekwo…
4 hours ago
The Speakership bid of Dr. Tajudeen Abass is gaining momentum by the day despite stiff resistance by his fellow contestants led by the outgoing Deputy Speaker of the House, Ahmed Wase.
4 hours ago
More intrigues, yesterday, trailed the industrial action called by organised labour to protest against the removal of petrol subsidy.
4 hours ago
As labour unions warm up for industrial action against the recent petroleum subsidy removal, many Nigerians and of course, observers from across the world are wondering about its likely implications for the ongoing election petition at the tribunal.