Central Bank of Nigeria

Nigerian lenders still favour public sector with 6% credit growth against 0.02% decline to private sector

Average credit to the private sector by Nigerian banks declined marginally by 0.02 percent in 2Q17 as against a 5.91…

Nigerian smaller banks more at risk on growing NPL levels as some lenders record lower capital ratios

BMI Research, a Fitch company, has indicated that Nigerian smaller banks are on top of risk watch on growing non-performing…

Nigeria naira outlook positive this week on 5.1% rise in FX reserve levels, CBN interventions

The Nigerian naira is projected to trade positive this week on growing reserves and central bank continued intervention, according to…

Nigeria’s inflation to decelerate further on stable exchange rate, tight liquidity

Financial analysts say Nigeria inflation may decelerate further in August albeit marginally to 16 percent, citing stable exchange rate and…

Nigeria naira trades N362/$ as CBN injects $547m in one week

Nigeria’s central bank Thursday raised the total intervention for the week to $547 million as against $195 million offered the…

Nigerian banking sector hovers near top of risk watch, says EIU

The Economist Intelligence Unit (EIU), a member of The Economist Group, has indicated that Nigeria’s banking sector is hovering near…

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