Banking

Nigerian banking shares dropped 2.3 percent on Tuesday after regulators said they had intervened to save the country's fourth largest...

Nigeria's interbank rate eased to around eight percent on Friday from 15 percent last week after the central bank repaid...

First Bank Holdings led a rally of Nigerian banking stocks on Tuesday, fuelled by hopes that Africa's biggest economy will...

Lagos, Nigeria 23–05–2017.  In demonstration of its commitment to deliver superior and innovative banking solutions to its customers, pan African financial institution,...

Fitch Ratings has today assigned an expected rating of 'B(EXP)' to United Bank for Africa Plc's (UBA) proposed senior unsecured...

International Rating Agency, Standard and Poor’s (S&P) assigned its ‘B’ long term and ‘B’ short term global scale counterparty credit...

l-r: Former Governor of Central Bank of Nigeria(CBN), Professor Charles Soludo; Former President of Nigeria, Chief Olusegun Obasanjo; and Chairman...

Nigerian banks posted good financial results for 2016, despite turbulent operating conditions, but Fitch Ratings believes that significant financial risks...

Deposit money banks (DMBs) say they will deduct stamp duty for transactions carried out in December 2016 and January 2017...

Ecobank plans to close branches and cut jobs as the pan-African lender steps up investments in digital platforms, its chief...