Data from the Central Bank of Nigeria (CBN) reviewed at the weekend, indicated that banks’ credit to the private sector (CPS) ...

Six banks in the country posted N3.41 trillion as profit after tax for 2024, up from the N2.1 trillion recorded in the 2023 ...

Nigeria’s interbank lending rate surged to a five-year high of 28.58 percent in January 2025, reflecting the Central Bank of ...

The Central Bank of Nigeria has disclosed that Nigerians secured personal loans amounting to N470bn from banks in the last ...

The Central Bank of Nigeria (CBN) has revealed that Nigerians secured personal loans amounting to N470 billion from banks ...

A total of 10 banks generated an estimated N14.4 trillion from interest on loans and advances to customers, among others in ...

Nigeria’s naira climbed the most against the dollar in two weeks after the central bank said net foreign-exchange reserves ...

Unegbu regretted that some customers were reluctant about challenging their banks in the event of some ‘illegal’ charges.

Six banks in the country have posted N3.41 trillion as Profit After Tax (PAT) for the year 2024 ended against the N2.1 trillion recorded in ...

THE Nigerian banking sector has demonstrated remarkable resilience and stability, thanks to the effective regulatory ...

The Interest rates increased from 18.75% at the beginning of 2024, to 27.50% at the end of the year. The financial reports show that banks earned a lot from loans.