Deposit Money Banks (DMBs) have spurned claims by some Nigerians, including the damning verdict passed on them by President Muhammadu Buhari, that they are
NFIU's statement is in reaction to Nigerian governors' comment that its Advisory and Guidelines on cash transactions were outside the NFIU’s legal remit and mandate.
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Analysts at EFG Hermes Research have said that a pre/post-election friendlier business environment could drive more growth of return on equity (ROE) and credit. They said Nigerian banks’ earnings and ROE come under significant pressure at the end of 2019 owing to unorthodox policies of the Central Bank of Nigeria (CBN), as well as challenges […]