Nigerian banks

Nigerian banks credit expansion outlook positive as yield on fixed income instruments fall

Financial analysts say there could be likely improvements in credit expansion by Nigerian banks in the near to medium as…

Nigerian banks lose 8.7% deposits to treasury bills in 12 months as depositors switch investments

High yield levels of over 18 percent from treasury bills investments in recent times have haemorrhaged Nigerian banks’ deposits by…

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’s Access Bank takes 30% haircut on its 9Mobile loan, insists Etisalat UAE still has obligation

Nigeria’s Access Bank said Wednesday that it is taking a 30 percent haircut on its loan to troubled telecoms firm…

FG’s refund of oil marketers’ N800bn to improve liquidity in Nigerian banks

Nigeria’s industrial base may be up for a return to operating at installed capacity through improved access to loan facilities…

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