Nigerian banks
Banks challenged on financing for Nigeria’s N100bn cold chain industry
By Samson Echenim Operators and investors in Nigeria's cold chain sector, have charged banks and other investment financiers to invest in the cold…
The Cheat Highway: How customers defraud banks
The cheat highway returns as promised looking at the other side of last week’s topic. Banks and their staff were…
Sterling Bank shareholders’ fund grows 20.2% to N102.9bn in 2017
Sterling Bank Plc grew its shareholders’ fund by 20.2 percent to N102.9 billion in 2017 from N85.7bn in 2016. The…
Low returns on treasury bills could force Nigerian banks to look to private sector
A Nigeria central bank policy aimed at regulating the market for treasury bills that is making banks reconfigure their investment…
Fitch raises banks’ foreign currency loan risk to 130%
Fitch Ratings Inc., one of the world’s big three credit rating agencies, has said that its recent stress test on…
Nigerian banks’ market-based reporting of FC exposure may impair capital adequacy, says Fitch
Fitch Ratings has said that if Nigerian banks adopt a more market-based presentation of foreign-currency (FC) assets, liabilities and profit-and-loss…
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