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Banks increased deposits with the CBN’s Standing Deposit Facility to ₦7.9 trillion as surplus liquidity built up in the financial ...
Read moreNigerian lenders retain substantial surplus funds at the apex bank as liquidity conditions shift following the repayment of maturing securities.
Read moreRating action reflects a more favourable assessment of Nigeria’s banking environment as lenders balance expansion, capital strength and asset quality.
Read moreRating action signals improved prospects for the lender’s credit profile, although capital adequacy and foreign-subsidiary exposures remain important considerations.
Read moreNigerian banks have placed about ₦4.4 trillion in surplus funds with the Central Bank of Nigeria (CBN) through its Standing ...
Read moreFidelity Bank Plc has obtained approval from the Nigerian Exchange Limited (NGX) to extend the deadline for publishing its audited ...
Read moreGuaranty Trust Holding Company Plc has recorded a sharp rise in interest income since the COVID-19 pandemic, with earnings from ...
Read moreNigeria’s largest banks posted mixed but largely reassuring financial results for the 2025 financial year, as strong revenue growth and ...
Read moreAs the Central Bank of Nigeria’s (CBN) recapitalisation exercise concluded on March 31, 2026, most banks operating in the country ...
Read moreDataPro, a technology-driven rating agency, has urged Nigerian banks to immediately begin portfolio reviews and intensify data gathering in preparation ...
Read moreBusiness 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.
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