Banks accused of frustrating business growth in Nigeria as Jerry Gana blames them for restrictive forex policies.
Nigerian banks
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Nigerian banks are grappling with a 69% rise in impairment charges due to a spike in loan defaults, driven by inflation and economic challenges.
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Nigerian banks have increased their lending to the private sector to a record high of N54.76 trillion in August 2023, partly driven by the foreign exchange revaluation gains from the …
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Banks in Nigeria have witnessed a significant surge in their borrowings from the Central Bank of Nigeria (CBN), particularly from the Standing Lending Facility (SLF). According to the latest data, …
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Nigeria’s top five banks by market capitalisation have posted impressive earnings in the first half of 2023, despite the macroeconomic headwinds and regulatory reforms. According to their financial statements, the …
