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Banking Sector Profit Falls by 28% – Report

The Nigerian banking sector’s profit fell by 28.4 per cent in the 2015 financial year, the just released Afrinvest 2016 Banking Sector Report showed. The report, released in Lagos on Wednesday, indicated that foreign exchange volatility and lower oil price led to a major decline...

Again, CBN Meets Bank CEOs Today, Considers All Options

...FG revenue drops to N1.159tn in Q2, investors await flurry of economic data this week In bid to ensure financial system stability and integrity, while restoring calm, the Central Bank of Nigeria (CBN) will today meet with the Body of Bank CEOs, following which it...